European Union Inflation Rate in 2008
Inflation rate in the European Union was 2.16% in 2008. That is 1.02 less than it was in the preceding 2007 and 0.62% more than in the following year of 2009.
In 2008 EU ranked #9 in the world by yearly inflation rate.
Month over month inflation rate is calculated for just the subject month itself - from the first to the last day of that month:
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Month to month, % | -0.22 | 0.43 | 0.84 | 0.42 | 0.63 | 0.41 | -0.09 | -0.03 | 0.28 | 0.03 | -0.38 | -0.18 | 2.16 |
Year to year inflation rate is calculated for 12 months: 11 months preceding the subject one and the subject month itself:
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year over year (12 months), % | 3.40 | 3.50 | 3.74 | 3.59 | 3.96 | 4.26 | 4.44 | 4.28 | 4.18 | 3.68 | 2.76 | 2.16 | 2.16 |
Progressive inflation rate is an incremental year to date inflation that sums rates from the beginning of the calendar year to the end of the subject month:
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Progressive (year to date), % | -0.22 | 0.22 | 1.06 | 1.48 | 2.11 | 2.53 | 2.44 | 2.41 | 2.69 | 2.72 | 2.34 | 2.16 | 2.16 |
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