Euro Area Annual Inflation Rose by 2.9% in July 2026

20 August 2026

The euro area annual inflation rate was 2.9% in July 2026, up from 2.8% in June. A year earlier, the rate was 2.0%. European Union annual inflation was 3.0% in July 2026, up from 2.9% in June. A year earlier, the rate was 2.4%. These figures are published by Eurostat, the statistical office of the European Union.

In July 2026, services (+1.55 percentage points, pp), energy (+0.94 percentage points, pp), non-energy industrial goods (+0.23 percentage points, pp) and food, alcohol & tobacco (+0.23 percentage points, pp) contributed positively to the annual euro area inflation rate.

Source: Eurostat
Post by: Republic of Türkiye Ministry of Trade