The inflation rate for all items in the European Union was 3.4 percent in December 2023 comapred 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 6.7 percent, as well as rising costs in the restaurants and hotels category, which had an inflation rate of six percent.
Harmonized index of consumer prices (HICP) inflation rate of the European Union in December 2023, by sector
Characteristic
HICP inflation rate (annual change)
Alcoholic beverages, tobacco and narcotics
6.7%
Restaurants and hotels
6%
Food and non-alcoholic beverages
5.9%
Education
4.9%
Personal care
4.8%
Miscellaneous goods and services
4.7%
Health
4.3%
Recreation and culture
3.7%
All-items
3.4%
Furnishings, household equipment and routine household maintenance
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Eurostat. (January 17, 2024). Harmonized index of consumer prices (HICP) inflation rate of the European Union in December 2023, by sector [Graph]. In Statista. Retrieved November 21, 2024, 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 2023, by sector." Chart. January 17, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1242125/inflation-rate-eu-by-sector/
Eurostat. (2024). Harmonized index of consumer prices (HICP) inflation rate of the European Union in December 2023, by sector. Statista. Statista Inc.. Accessed: November 21, 2024. 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 2023, by Sector." Statista, Statista Inc., 17 Jan 2024, 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 2023, by sector Statista, https://www.statista.com/statistics/1242125/inflation-rate-eu-by-sector/ (last visited November 21, 2024)
Harmonized index of consumer prices (HICP) inflation rate of the European Union in December 2023, by sector [Graph], Eurostat, January 17, 2024. [Online]. Available: https://www.statista.com/statistics/1242125/inflation-rate-eu-by-sector/
