Estonia and Slovakia reported the highest annual inflation rate in the euro area in December 2025, with both countries reporting a rate of 4.1%, according to flash estimates from Eurostat.
Other countries to report a high annual inflation rate for the month included Austria (3.9%), Croatia (3.8%), Latvia (3.5%) and Luxembourg (3.3%).
Across the euro area as a whole, annual inflation stood at 2.0% for the month, according to Eurostat. This is down slightly on the 2.1% inflation rate recorded the previous month.
Sector by sector
On a sector-by-sector basis, the services sector continued to record the highest annual inflation rate, of 3.4%, down slightly from 3.5% the previous month.
Food, alcohol and tobacco inflation rose to 2.6% in December, compared to 2.4% in November, while non-energy industrial goods reported an inflation rate of 0.4%, down from 0.5% in November. Energy prices recorded an annual decrease in inflation of 1.9%, compared with a decrease of 0.5% in the previous month.
Month-on-month inflation in the euro area stood at 0.2%, according to the estimates, with services seeing a monthly increase of 0.7%, food, alcohol and tobacco increasing by 0.1%, energy prices falling by 0.8% and non-energy industrial goods down 0.3%.
The biggest month-on-month increase in inflation by euro area country was recorded in Ireland and Austria, which both reported a 0.6% increase, followed by Finland, which was up 0.4%. Read more here.
Month-on-Month Inflation (Estimated) by Euro Area Country, December 2025 (%)
| Country | Inflation Rate (%) |
|---|---|
| Ireland | 0.6 |
| Austria | 0.6 |
| Finland | 0.4 |
| Belgium | 0.3 |
| Spain | 0.3 |
| Germany | 0.2 |
| Greece | 0.2 |
| Italy | 0.2 |
| Netherlands | 0.2 |
| France | 0.1 |
| Slovenia | 0.1 |
| Latvia | 0.0 |
| Portugal | 0.0 |
| Lithuania | -0.2 |
| Luxembourg | -0.2 |
| Croatia | -0.3 |
| Slovakia | -0.3 |
| Estonia | -0.4 |
| Cyprus | -0.4 |
| Malta | -0.5 |
