Data · Energy price inflation by country: latest official figures
Energy price inflation by country, January 2026: ranking
In January 2026, Sweden had the highest rate among 16 countries (6.5%) and Denmark the lowest (-15%). 4 countries rose from the previous month and 12 fell. The euro area figure was -4%.
| Rank | Country | Latest | Period | Change from previous month | Definition | Source |
|---|---|---|---|---|---|---|
| 1 | Sweden | 6.5% | 2026-01 | +5.9pp | HICP energy | Eurostat (European Commission) |
| 2 | Norway | 5.5% | 2026-01 | +2.5pp | HICP energy | Eurostat (European Commission) |
| 3 | Poland | 0.8% | 2026-01 | -0.4pp | HICP energy | Eurostat (European Commission) |
| 4 | Netherlands | 0.3% | 2026-01 | +0.7pp | HICP energy | Eurostat (European Commission) |
| 5 | Ireland | 0.3% | 2026-01 | -2.1pp | HICP energy | Eurostat (European Commission) |
| 6 | U.S. | -0.1% | 2026-01 | -2.4pp | Energy component of the national CPI | U.S. Bureau of Labor Statistics |
| 7 | Finland | -1.1% | 2026-01 | -1.9pp | HICP energy | Eurostat (European Commission) |
| 8 | Germany | -1.9% | 2026-01 | -0.6pp | HICP energy | Eurostat (European Commission) |
| 9 | Portugal | -2.6% | 2026-01 | -0.2pp | HICP energy | Eurostat (European Commission) |
| 10 | Spain | -2.7% | 2026-01 | -5.9pp | HICP energy | Eurostat (European Commission) |
| 11 | Switzerland | -4.5% | 2026-01 | +0.9pp | HICP energy | Eurostat (European Commission) |
| 12 | Austria | -4.8% | 2026-01 | -16.5pp | HICP energy | Eurostat (European Commission) |
| 13 | Italy | -6.2% | 2026-01 | -1.7pp | HICP energy | Eurostat (European Commission) |
| 14 | France | -7.4% | 2026-01 | -0.7pp | HICP energy | Eurostat (European Commission) |
| 15 | Belgium | -8.9% | 2026-01 | -4.5pp | HICP energy | Eurostat (European Commission) |
| 16 | Denmark | -15% | 2026-01 | -11.1pp | HICP energy | Eurostat (European Commission) |
| Regional average (not ranked) | Euro area | -4% | 2026-01 | -2.1pp | 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
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