What EU country posted the highest annual inflation rate in May 2025?

Romania reported the highest annual inflation rate in the EU in May 2025, of 5.4%, according to new data from Eurostat.

Romania reported the highest annual inflation rate in the EU in May 2025, of 5.4%, according to new data from Eurostat.

Other countries to report an above-average inflation rate for the period included Estonia (4.6%), Hungary (4.5%), Slovakia (4.3%) and Croatia (4.3%).

At the other end of the scale, the lowest annual inflation rate was recorded in Cyprus (0.4%), France (0.6%), Ireland (1.4%) and Denmark (1.5%).

Inflation across the EU

Across the European Union, annual inflation stood at 2.2% for the month, down from 2.4% in April and 2.7% for the corresponding month a year earlier. In the euro area, inflation stood at 1.9% in May, down from 2.2% in April.

The main contributors to the euro area inflation rate were services (+1.47 percentage points), followed by food, alcohol & tobacco (+0.62 percentage points), non-energy industrial goods (+0.16 percentage points) and energy (-0.34 percentage points).

On a month-on-month basis, meanwhile, Malta reported the biggest increase in inflation in the EU (+1.7%), followed by Portugal (0.6%), Czechia (0.5%), Croatia (0.5%), Luxembourg (0.5%), Romania (0.5%) and Slovakia (0.5%).

The Netherlands reported the biggest month-on-month decrease in inflation, of -0.9%, Eurostat‘s data showed. Read more here.

Month-on-Month Change in Inflation by EU Member State, May 2025

Month-on-Month Change in Inflation by EU Member State, May 2025 (%)

Country Inflation Change (%)
Malta1.7
Portugal0.6
Czechia0.5
Croatia0.5
Luxembourg0.5
Romania0.5
Slovakia0.5
Greece0.4
Sweden0.3
Germany0.2
Cyprus0.2
Hungary0.2
Bulgaria0.1
Estonia0.1
Finland0.1
Denmark0.0
Ireland0.0
Spain0.0
Latvia0.0
Belgium-0.1
Italy-0.1
Austria-0.1
Poland-0.1
Slovenia-0.1
France-0.2
Lithuania-0.3
Netherlands-0.9

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