Inflation is an average of a wide range of price changes

The chart shows the inflation rates for the 90 most detailed product groups and refers to the most recent month for which data are available. The horizontal line is the overall inflation rate, which is a weighted average of all these groups. Not all price increases affect people in the same way. If the prices of essential products (such as food or energy) increase, people still have to buy those products. In the case of other products, people may delay their decision to buy or even decide not to do so.

The HICP reflects the importance of different products according to their share in the average consumption expenditure of all households in the economy. Your own “personal” inflation may be higher or lower than this average, depending on how you spend your money.

Source: Eurostat and ECB calculations based on Eurostat data.