The inflation rate for all items in the European Union was 2.7 percent in December 2024 compared to the same month in the previous year. This was particularly driven by rising prices in the alcoholic beverages, tobacco, and narcotics category which had an annual inflation rate of 5.6 percent, as well as rising costs in the restaurants and hotels category, which had an inflation rate of fve percent.
Harmonized index of consumer prices (HICP) inflation rate of the European Union in December 2024, by sector
Characteristic
HICP inflation rate (annual change)
Alcoholic beverages, tobacco and narcotics
5.6%
Education
5%
Restaurants and hotels
4.8%
Miscellaneous goods and services
4.4%
Health
3.6%
Housing, water, electricity, gas and other fuels
3.4%
Recreation and culture
2.7%
All-items
2.7%
Food and non-alcoholic beverages
2.4%
Personal care
2.1%
Transport
1%
Clothing and footwear
0.7%
Furnishings, household equipment and routine household maintenance
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Eurostat. (February 3, 2025). Harmonized index of consumer prices (HICP) inflation rate of the European Union in December 2024, by sector [Graph]. In Statista. Retrieved June 08, 2025, from https://www.statista.com/statistics/1242125/inflation-rate-eu-by-sector/
Eurostat. "Harmonized index of consumer prices (HICP) inflation rate of the European Union in December 2024, by sector." Chart. February 3, 2025. Statista. Accessed June 08, 2025. https://www.statista.com/statistics/1242125/inflation-rate-eu-by-sector/
Eurostat. (2025). Harmonized index of consumer prices (HICP) inflation rate of the European Union in December 2024, by sector. Statista. Statista Inc.. Accessed: June 08, 2025. https://www.statista.com/statistics/1242125/inflation-rate-eu-by-sector/
Eurostat. "Harmonized Index of Consumer Prices (Hicp) Inflation Rate of The European Union in December 2024, by Sector." Statista, Statista Inc., 3 Feb 2025, https://www.statista.com/statistics/1242125/inflation-rate-eu-by-sector/
Eurostat, Harmonized index of consumer prices (HICP) inflation rate of the European Union in December 2024, by sector Statista, https://www.statista.com/statistics/1242125/inflation-rate-eu-by-sector/ (last visited June 08, 2025)
Harmonized index of consumer prices (HICP) inflation rate of the European Union in December 2024, by sector [Graph], Eurostat, February 3, 2025. [Online]. Available: https://www.statista.com/statistics/1242125/inflation-rate-eu-by-sector/
