Europe Radar · Monthly close · 11/2025
30 monthly indicators with 11/2025 data for most countries.
Download the PDF report Basic
Key points
- HICP, annual rate of change: The EU-27 stands at 2.4% (-0.1 pp on a year earlier). Spain, 3.2%, ranking 21 of 35. The highest value is Türkiye (31.1%) and the lowest Switzerland (0.0%).
- Core HICP (excluding energy, food, alcohol and tobacco): The EU-27 stands at 2.6% (-0.3 pp on a year earlier). Spain, 3.0%, ranking 19 of 35. The highest value is Türkiye (32.6%) and the lowest Switzerland (0.3%).
- Economic sentiment indicator: The EU-27 stands at 97.0 (+0.9% on a year earlier). Spain, 104.8, ranking 7 of 32. The highest value is Malta (111.7) and the lowest Denmark (89.5).
- Unemployment rate: The EU-27 stands at 5.9% (+0.2 pp on a year earlier). Spain, 9.8%, ranking 31 of 33. The highest value is Bosnia and Herzegovina (11.4%) and the lowest Czechia (2.9%).
- Youth unemployment rate (under 25): The EU-27 stands at 15.0% (+0.6 pp on a year earlier). Spain, 22.7%, ranking 28 of 33. The highest value is North Macedonia (31.1%) and the lowest Germany (6.9%).
- 10-year government bond yield: The EU-27 stands at 3.44% (+0.20 pp on a year earlier). Spain, 3.17%, ranking 14 of 27. The highest value is Hungary (6.97%) and the lowest Denmark (2.54%).
- Consumer price level (HICP): The EU-27 stands at 133.63 (+2.4% on a year earlier). Spain, 127.87, ranking 26 of 36. The highest value is Türkiye (1,336.38) and the lowest Switzerland (106.91).
- HICP energy: The EU-27 stands at 0.3% (+1.5 pp on a year earlier). Spain, 4.6%, ranking 28 of 35. The highest value is Türkiye (30.8%) and the lowest Switzerland (-5.0%).
All indicators
| Indicator | EU-27 | Euro area | Spain | Highest | Lowest | Countries |
|---|---|---|---|---|---|---|
| Prices | ||||||
| Consumer price level (HICP) index 2015 = 100 | 133.63 | 129.44 | 127.87 26/36 | Türkiye 1,336.38 | Switzerland 106.91 | 36 |
| HICP, annual rate of change % | 2.4% | 2.1% | 3.2% 21/35 | Türkiye 31.1% | Switzerland 0.0% | 35 |
| Core HICP (excluding energy, food, alcohol and tobacco) % | 2.6% | 2.4% | 3.0% 19/35 | Türkiye 32.6% | Switzerland 0.3% | 35 |
| HICP energy % | 0.3% | -0.5% | 4.6% 28/35 | Türkiye 30.8% | Switzerland -5.0% | 35 |
| HICP food, alcohol and tobacco % | 3.0% | 2.4% | 3.1% 15/35 | Türkiye 27.8% | Cyprus -1.2% | 35 |
| HICP services % | 3.8% | 3.5% | 3.9% 14/35 | Türkiye 44.2% | Switzerland 0.9% | 35 |
| HICP non-energy industrial goods % | 0.6% | 0.5% | 0.8% 22/35 | Türkiye 21.5% | Cyprus -3.4% | 35 |
| HICP alcoholic beverages and tobacco % | 3.8% | 2.8% | 4.3% 21/35 | Türkiye 30.7% | Cyprus 0.0% | 35 |
| HICP clothing and footwear % | 0.5% | 0.5% | 0.5% 19/35 | Türkiye 9.0% | Cyprus -7.5% | 35 |
| HICP furnishings and household equipment % | 0.4% | 0.3% | 0.9% 21/35 | Türkiye 26.4% | Switzerland -2.1% | 35 |
| HICP health % | 3.5% | 3.0% | 2.2% 7/35 | Türkiye 29.5% | Bulgaria -6.5% | 35 |
| HICP information and communication % | -0.6% | -1.1% | 0.9% 23/35 | Türkiye 17.9% | Portugal -4.0% | 35 |
| HICP recreation, sport and culture % | 2.8% | 2.6% | 2.4% 12/35 | Türkiye 28.9% | Sweden 0.2% | 35 |
| HICP education services % | 4.5% | 3.7% | 2.6% 10/35 | Türkiye 66.2% | Croatia -1.1% | 35 |
| HICP insurance and financial services % | 4.4% | 4.5% | 4.9% 26/35 | Türkiye 27.4% | Estonia -10.9% | 35 |
| HICP personal care and miscellaneous goods and services % | 3.0% | 2.8% | 3.0% 17/35 | Türkiye 31.0% | Switzerland -0.1% | 35 |
| HICP electricity % | 0.9% | -1.0% | 11.9% 29/34 | Romania 62.4% | France -14.0% | 34 |
| HICP natural gas % | -2.8% | -3.1% | 1.7% 16/28 | Türkiye 38.1% | Denmark -18.0% | 28 |
| HICP diesel % | 2.3% | 2.3% | 2.3% 20/34 | Türkiye 33.1% | Hungary -5.0% | 34 |
| HICP petrol % | -0.4% | -0.2% | -1.4% 14/34 | Türkiye 27.4% | Sweden -7.9% | 34 |
| Business and activity | ||||||
| Industrial production index 2021 = 100 | — | — | 106.3 15/36 | Ireland 136.9 | Ukraine 71.4 | 36 |
| Retail trade, volume of sales index 2021 = 100 | — | — | 112.4 12/35 | Türkiye 192.7 | Belgium 91.5 | 35 |
| Economic sentiment indicator index (average = 100) | 97.0 | 97.1 | 104.8 7/32 | Malta 111.7 | Denmark 89.5 | 32 |
| Consumer confidence balance | -14.0 | -14.0 | -2.7 5/32 | Malta 7.9 | Greece -50.6 | 32 |
| Industrial confidence balance | -13.1 | -13.1 | -6.1 15/32 | Albania 2.4 | Luxembourg -25.6 | 32 |
| Labour market and productivity | ||||||
| Unemployment rate % of labour force | 5.9% | 6.2% | 9.8% 31/33 | Bosnia and Herzegovina 11.4% | Czechia 2.9% | 33 |
| Youth unemployment rate (under 25) % of labour force | 15.0% | 14.6% | 22.7% 28/33 | North Macedonia 31.1% | Germany 6.9% | 33 |
| Unemployed persons thousand persons | 12,994 | 10,854 | 2,446 | Türkiye 3,088 | Malta 11 | 33 |
| External sector and financing | ||||||
| 10-year government bond yield % | 3.44% | — | 3.17% 14/27 | Hungary 6.97% | Denmark 2.54% | 27 |
| Real effective exchange rate (42 partners, CPI-deflated) index 2015 = 100 | 119.59 | 114.12 | 105.17 16/30 | Czechia 138.62 | Türkiye 68.44 | 30 |
Previous reports
09/2026 · 08/2026 · 07/2026 · 06/2026 · 05/2026 · 04/2026 · 03/2026 · 02/2026 · 01/2026 · 12/2025 · 10/2025