European Inflation Rates By Country 2024. In 2024, growth is now expected to reach 0.9% (from 1.3%) in the eu and 0.8% (from 1.2%) in the euro area. In 2025, with fiscal policy expected to turn contractionary and real policy rates remaining positive, growth would further moderate to 2.7 percent, and inflation fall to around 24 percent.
In 2025, with fiscal policy expected to turn contractionary and real policy rates remaining positive, growth would further moderate to 2.7 percent, and inflation fall to around 24 percent. Core inflation was 3.3 per cent in january, down from the 5.7 per cent peak also in march 2023.