DATA - Real effective exchange rates

Real effective exchange rates CPI-based, broad group of partner countries
	2021	2022	2023	Sep. 23	Oct. 23	Nov. 23	Dec. 23	Jan. 24	Feb. 24

	Annual change in %

Belgium	x	x	x	x	x	x	x	x	x
Germany	0.7	−2.5	3.8	7.0	4.5	3.3	1.3	2.5	2.1
Estonia	0.9	6.2	7.9	8.6	5.9	5.2	6.8	4.3	4.8
Ireland	−0.1	−4.7	3.7	6.1	6.2	4.9	2.2	2.0	1.5
Greece	−1.3	−1.4	1.6	3.8	2.4	4.2	2.5	2.8	2.4
Spain	0.5	−1.5	0.3	1.4	2.4	3.1	2.2	1.7	2.1
France	−0.2	−4.7	3.3	5.9	5.8	5.0	3.3	3.1	2.4
Croatia	0.5	−0.9	4.7	7.7	6.8	6.7	4.7	3.7	3.5
Italy	−0.3	−2.7	4.0	5.5	5.5	1.8	−0.5	−1.1	−0.5
Cyprus	−0.3	−3.1	4.1	6.6	7.3	6.0	3.4	2.4	2.7
Latvia	0.2	2.1	8.2	8.7	7.6	5.5	4.6	0.7	1.1
Lithuania	1.5	3.6	7.3	9.3	6.7	5.4	2.4	0.7	0.1
Luxembourg	0.8	−1.4	−0.8	1.5	1.8	1.2	0.7	1.1	1.0
Malta	−1.1	−3.5	4.1	5.9	5.5	5.0	4.0	3.6	3.7
Netherlands	0.1	1.2	1.4	2.1	−1.5	−1.6	0.2	−0.9	1.4
Austria	0.4	−2.3	3.7	5.6	4.2	3.9	3.2	3.5	2.6
Portugal	−1.4	−2.2	2.5	4.0	3.5	2.3	0.7	−0.1	0.5
Slovenia	−0.5	−1.4	2.9	3.4	4.2	5.4	4.5	1.9	0.9
Slovak Republic	0.1	0.9	6.3	6.7	6.4	5.9	4.5	3.9	2.3
Finland	−0.5	−4.3	3.0	4.9	4.5	4.0	0.7	0.7	0.4
Euro area	0.3	−3.6	5.0	8.6	6.1	4.1	1.9	2.1	2.4



Bulgaria	0.9	2.0	5.7	7.1	6.0	5.9	4.7	3.6	2.7
Czech Republic	4.0	8.2	10.3	8.5	6.0	7.6	5.1	1.7	−5.7
Denmark	−0.7	−2.2	2.2	3.1	1.2	0.3	−0.3	−0.8	−0.2
Hungary	0.5	−5.6	16.3	17.1	19.9	16.3	13.2	7.0	0.9
Poland	−0.4	−0.9	10.9	11.5	13.8	13.1	13.7	12.4	13.1
Romania	0.1	1.0	5.6	6.4	6.9	6.4	4.5	4.0	4.4
Sweden	3.0	−7.2	−3.0	−4.1	−1.7	−0.8	1.3	0.3	1.7



United Kingdom	3.8	−2.6	3.6	10.0	8.4	6.2	5.4	6.8	7.6
Norway	6.3	−2.3	−9.4	−11.6	−10.3	−9.8	−7.5	−5.6	−4.1
Switzerland	−2.8	−0.6	4.6	4.2	6.0	5.7	6.5	8.5	6.4
U.S.A.	−2.2	9.5	−0.8	−3.6	−3.5	−2.9	−2.2	−0.1	0.6
Japan	−8.9	−14.6	−4.7	−2.3	−1.6	−4.3	−4.8	−7.8	−8.1

Source: Eurostat, European Commission.

Sources of international organizations are used in this area to facilitate comparison. As a consequence, the data for Austria may deviate from those shown in the other sections.