Data · Energy price inflation by country: latest official figures

Energy price inflation by country, May 2026: ranking

In May 2026, U.S. had the highest rate among 19 countries (23.5%) and Japan the lowest (-2.5%). 13 countries rose from the previous month and 6 fell. The euro area figure was 10.8%.

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.

Rank	Country	Latest	Period	Change from previous month	Definition	Source
1	U.S.	23.5%	2026-05	+5.6pp	Energy component of the national CPI	U.S. Bureau of Labor Statistics
2	Canada	22.18%	2026-05	+2.96pp	Energy component of the national CPI	Statistics Canada
3	Belgium	17.1%	2026-05	-1.1pp	HICP energy	Eurostat (European Commission)
4	Sweden	16.9%	2026-05	+3.9pp	HICP energy	Eurostat (European Commission)
5	France	16.3%	2026-05	+2.4pp	HICP energy	Eurostat (European Commission)
6	Portugal	14.5%	2026-05	+1.5pp	HICP energy	Eurostat (European Commission)
7	South Korea	12.52%	2026-05	+1.18pp	Energy component of the national CPI	Statistics Korea (KOSIS)
8	Italy	12%	2026-05	+2.7pp	HICP energy	Eurostat (European Commission)
9	Finland	11.9%	2026-05	+2.2pp	HICP energy	Eurostat (European Commission)
10	Ireland	11.9%	2026-05	-3.4pp	HICP energy	Eurostat (European Commission)
11	Netherlands	9.8%	2026-05	+1.8pp	HICP energy	Eurostat (European Commission)
12	Austria	9.4%	2026-05	-1.2pp	HICP energy	Eurostat (European Commission)
13	Poland	8.4%	2026-05	+1.6pp	HICP energy	Eurostat (European Commission)
14	Switzerland	6.5%	2026-05	+0.5pp	HICP energy	Eurostat (European Commission)
15	Spain	6.3%	2026-05	-0.7pp	HICP energy	Eurostat (European Commission)
16	Germany	5.5%	2026-05	-3.4pp	HICP energy	Eurostat (European Commission)
17	Denmark	-0.4%	2026-05	+2.8pp	HICP energy	Eurostat (European Commission)
18	Norway	-1.9%	2026-05	-5.6pp	HICP energy	Eurostat (European Commission)
19	Japan	-2.5%	2026-05	+1.4pp	Energy component of the national CPI	Statistics Bureau of Japan
Regional average (not ranked)	Euro area	10.8%	2026-05	0pp	HICP energy	Eurostat (European Commission)

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How to read this

Change is the difference from the previous period of the same series, in percentage points.
Definitions are not identical across countries (see the definition column). The table compares published headline figures; it is not a ranking of living standards.

Monthly rankings

Source

Source: U.S. Bureau of Labor Statistics — license
Source: Statistics Canada. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada — license
Source: Statistics Korea (KOSIS), Consumer Price Survey / Economically Active Population Survey, 2026-05 — license
Source: Statistics Bureau of Japan, Consumer Price Index, accessed 2026-05 — license
Source: Eurostat, accessed 2026-05 — license