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Data · Consumer price inflation by country: latest official figures

Consumer price inflation by country, May 2026: ranking

In May 2026, U.S. had the highest rate among 20 countries (4.2%) and Switzerland the lowest (0.9%). 12 countries rose from the previous month and 7 fell. The euro area figure was 3.2%.

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
1U.S.4.2%2026-05+0.4ppCPI-U (all urban consumers)U.S. Bureau of Labor Statistics
2Australia4%2026-05-0.2ppNational consumer price indexAustralian Bureau of Statistics
3Belgium4%2026-05-0.2ppEU harmonised index (HICP)Eurostat (European Commission)
4Austria3.7%2026-05+0.3ppEU harmonised index (HICP)Eurostat (European Commission)
5Spain3.6%2026-05+0.1ppEU harmonised index (HICP)Eurostat (European Commission)
6Ireland3.5%2026-05-0.1ppEU harmonised index (HICP)Eurostat (European Commission)
7Netherlands3.4%2026-05+0.9ppEU harmonised index (HICP)Eurostat (European Commission)
8Poland3.3%2026-05-0.1ppEU harmonised index (HICP)Eurostat (European Commission)
9Canada3.23%2026-05+0.41ppNational consumer price indexStatistics Canada
10Italy3.2%2026-05+0.4ppEU harmonised index (HICP)Eurostat (European Commission)
11South Korea3.1%2026-05+0.5ppNational consumer price indexStatistics Korea (KOSIS)
12Norway3.1%2026-05-0.3ppEU harmonised index (HICP)Eurostat (European Commission)
13Portugal3.1%2026-05-0.2ppEU harmonised index (HICP)Eurostat (European Commission)
14UK2.8%2026-050ppNational consumer price indexOffice for National Statistics (UK)
15France2.8%2026-05+0.3ppEU harmonised index (HICP)Eurostat (European Commission)
16Finland2.8%2026-05+0.4ppEU harmonised index (HICP)Eurostat (European Commission)
17Germany2.7%2026-05-0.2ppEU harmonised index (HICP)Eurostat (European Commission)
18Denmark1.8%2026-05+0.6ppEU harmonised index (HICP)Eurostat (European Commission)
19Sweden1.1%2026-05+0.6ppEU harmonised index (HICP)Eurostat (European Commission)
20Switzerland0.9%2026-05+0.4ppEU harmonised index (HICP)Eurostat (European Commission)
Regional average (not ranked)Euro area3.2%2026-05+0.2ppEU harmonised index (HICP)Eurostat (European Commission)

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