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Data · Consumer price inflation by country: latest official figures

Consumer price inflation by country, January 2026: ranking

In January 2026, Australia had the highest rate among 20 countries (3.8%) and Switzerland the lowest (0.2%). 2 countries rose from the previous month and 16 fell. The euro area figure was 1.7%.

These figures are the 12-month change in a price index (how fast prices rose), not the price level or the size of a bill.

RankCountryLatestPeriodChange from previous monthDefinitionSource
1Australia3.8%2026-010ppNational consumer price indexAustralian Bureau of Statistics
2Norway3.5%2026-01+0.5ppEU harmonised index (HICP)Eurostat (European Commission)
3UK3%2026-01-0.4ppNational consumer price indexOffice for National Statistics (UK)
4Ireland2.5%2026-01-0.2ppEU harmonised index (HICP)Eurostat (European Commission)
5Poland2.5%2026-01-0.1ppEU harmonised index (HICP)Eurostat (European Commission)
6U.S.2.4%2026-01-0.3ppCPI-U (all urban consumers)U.S. Bureau of Labor Statistics
7Spain2.4%2026-01-0.6ppEU harmonised index (HICP)Eurostat (European Commission)
8Canada2.29%2026-01-0.07ppNational consumer price indexStatistics Canada
9Netherlands2.2%2026-01-0.5ppEU harmonised index (HICP)Eurostat (European Commission)
10Germany2.1%2026-01+0.1ppEU harmonised index (HICP)Eurostat (European Commission)
11Austria2.1%2026-01-1.7ppEU harmonised index (HICP)Eurostat (European Commission)
12South Korea2%2026-01-0.3ppNational consumer price indexStatistics Korea (KOSIS)
13Sweden2%2026-01-0.1ppEU harmonised index (HICP)Eurostat (European Commission)
14Portugal1.9%2026-01-0.5ppEU harmonised index (HICP)Eurostat (European Commission)
15Belgium1.4%2026-01-0.8ppEU harmonised index (HICP)Eurostat (European Commission)
16Italy1%2026-01-0.2ppEU harmonised index (HICP)Eurostat (European Commission)
17Finland1%2026-01-0.7ppEU harmonised index (HICP)Eurostat (European Commission)
18Denmark0.6%2026-01-1.3ppEU harmonised index (HICP)Eurostat (European Commission)
19France0.4%2026-01-0.3ppEU harmonised index (HICP)Eurostat (European Commission)
20Switzerland0.2%2026-010ppEU harmonised index (HICP)Eurostat (European Commission)
Regional average (not ranked)Euro area1.7%2026-01-0.3ppEU harmonised index (HICP)Eurostat (European Commission)

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