Euro area: Services inflation
* indicates monthly or quarterly data series
The most recent value is 3 percent as of April 2026, a decline compared to the previous value of 3.3 percent. Historically, the average for Euro area from January 1997 to April 2026 is 2.08 percent. The minimum of 0.4 percent was recorded in October 2020, while the maximum of 5.6 percent was reached in July 2023.
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* indicates monthly or quarterly data series
- Measure: percent
- Definition: Percent change in the inflation for services compared to the same month last year. Services are dedined as activities normally provided for remuneration, specifically including activities of an industrial or commercial character, crafts, and professions. The broad classification encompasses the vast majority of economic sectors that drive the European economy, including: Professional Services: Legal/tax advising, architecture, engineering, and accounting.Business & Craft Services: Construction, recruitment, management consultancy, and IT programming.Consumer/Leisure Services: Tourism, travel agencies, hotels, restaurants, and sports centers.
- Source: The Global Economy
| Recent values | Euro area: Services inflation |
|---|---|
| 2026 Apr | 3 |
| 2026 Mar | 3.3 |
| 2026 Feb | 3.4 |
| 2026 Jan | 3.2 |
| 2025 Dec | 3.4 |
| 2025 Nov | 3.5 |
| 2025 Oct | 3.4 |
| 2025 Sep | 3.2 |
Download data from our database Other resources: All indicators for Euro area All indicators on the website Article: Are trade deficits bad for the economy? Article: Sources of economic growth Article: Currency values and investment returns All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| USD exchange rate | 0.8689 | 9/2026 | Local Currency Units per USD |
| Money supply (broad money) | 16,411.01 | 6/2026 | billion |
| Consumer Price Index (CPI) | 104.3000 | 9/2026 | index points |
| Inflation, monthly | 0.59 | 9/2026 | percent |
| Inflation, annual | 3.76 | 9/2026 | percent |
| Alcohol and tobacco inflation | 3.40 | Q2/2026 | percent |
| Transport services inflation | 6.80 | Q2/2026 | percent |
| Services inflation | 3.00 | Q2/2026 | percent |
| Housing inflation | 2.70 | Q2/2026 | percent |
| Private sector credit | 12,705.44 | 6/2026 | billion |
| Business credit | 5,480.30 | 6/2026 | billion |
| Household credit | 7,225.14 | 6/2026 | billion |
| Mortgage credit | 5,709.91 | 6/2026 | billion |
| Consumer credit | 1,515.22 | 6/2026 | billion |
| Deposit interest rate | 2.03 | 6/2026 | percent |
| Business credit interest rate | 3.32 | 12/2025 | percent |
| Mortgage credit interest rate | 2.42 | 12/2025 | percent |
| Policy rate | 2.25 | 8/2026 | percent |