Economic Outlook No 117 — Consumer price index, harmonised by country
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the...
What the numbers show
Economic Outlook No 117 — Consumer price index, harmonised is currently reported for 18 countries. The highest value is 1.51 in Estonia; the lowest is 1.11 in Ireland.
The median across all reporting countries is 1.27, and the mean is 1.29.
Economic Outlook No 117 — Consumer price index, harmonised: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Estonia | 1.51 | 2026 | up 63.9% | rising |
| 1 | Austria | 1.41 | 2026 | up 39.5% | rising |
| 2 | Slovenia | 1.43 | 2026 | up 34.5% | rising |
| 2 | Croatia | 1.33 | 2026 | up 41.5% | rising |
| 2 | Luxembourg | 1.3 | 2026 | up 29.7% | rising |
| 3 | Latvia | 1.42 | 2026 | up 54.1% | rising |
| 3 | Germany | 1.27 | 2026 | up 34.4% | rising |
| 4 | Lithuania | 1.39 | 2026 | up 59.6% | rising |
| 4 | Belgium | 1.27 | 2026 | up 35.4% | rising |
| 5 | Netherlands | 1.26 | 2026 | up 39.0% | rising |
| 5 | Finland | 1.24 | 2026 | up 23.8% | rising |
| 6 | Spain | 1.24 | 2026 | up 29.2% | rising |
| 7 | Greece | 1.23 | 2026 | up 24.8% | rising |
| 8 | Italy | 1.23 | 2026 | up 27.1% | rising |
| 9 | Portugal | 1.22 | 2026 | up 26.6% | rising |
| 10 | France | 1.2 | 2026 | up 26.4% | rising |
| 11 | United Kingdom of Great Britain and Northern Ireland | 1.16 | 2026 | up 40.2% | rising |
| 12 | Ireland | 1.11 | 2026 | up 24.6% | rising |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- Slovak Republic 1.4
- Euro area (17 countries) 1.22
About this data
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact : eco.outlook@oecd.org Keywords : Outlook, forecasts, forecast, GDP