What euro area country reported the highest annual inflation rate in September 2025?

Romania reported an annual inflation rate of 8.6% in September 2025, by far the largest in the euro area, new data from Eurostat has found.

Romania reported an annual inflation rate of 8.6% in September 2025, by far the largest in the euro area, new data from Eurostat has found.

Other countries to report an above-average inflation rate for the month included Estonia (5.3%), Croatia (4.6%) and Slovakia (4.6%), while Latvia was on 4.2% and Bulgaria on 4.1%.

Conversely, the lowest annual inflation rate in the euro area was reported in Cyprus, where inflation was flat (0.0%) year-on-year, followed by France (1.1%), Italy (1.8%) and Greece (1.8%).

Euro area annual inflation

The euro area annual inflation rate stood at 2.2% in September, up from 2.0% in August, and compared to 1.7% in the corresponding month a year earlier.

The biggest contributors to the annual euro area inflation rate came from services (+1.49 percentage points), followed by food, alcohol & tobacco (+0.58 percentage points), non-energy industrial goods (+0.20 percentage points) and energy (-0.03 percentage points), Eurostat noted.

In the EU as a whole, annual inflation stood at 2.6% in September, up from 2.4% in August.

Month-on-month inflation

On a month-on-month basis, the highest inflation rate in the European Union was recorded in Italy, where inflation was 1.3% higher than in August, followed by Portugal (1.0%), with Greece, Romania and Finland all reporting monthly inflation of 0.5%.

Several countries reported a decline in inflation on a month-on-month basis, with Malta reporting a decline of 1.3%, Estonia and France both seeing inflation down 1.1%, and Czechia down 0.8%. Read more here.

Monthly Inflation Rate by EU Member State, August 2025

Monthly Inflation Rate by EU Member State, August 2025 (%)

Country Rate (%)
Italy1.3
Portugal1.0
Greece0.5
Romania0.5
Finland0.5
Lithuania0.4
Germany0.2
Spain0.2
Poland0.2
Slovakia0.2
Sweden0.2
Latvia0.1
Austria0.0
Slovenia0.0
Luxembourg-0.1
Denmark-0.2
Ireland-0.2
Hungary-0.2
Belgium-0.3
Netherlands-0.3
Cyprus-0.4
Bulgaria-0.6
Croatia-0.6
Czechia-0.8
Estonia-1.1
France-1.1
Malta-1.3

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