DATA - Real effective exchange rates

Real effective exchange rates CPI-based, broad group of partner countries
	2022	2023	2024	Mar. 25	Apr. 25	May 25	June 25	July 25	Aug. 25

	Annual change in %

Belgium	−2.8	3.3	1.0	1.1	1.3	−0.2	0.6	0.7	0.0
Germany	−4.0	2.8	1.1	1.8	4.3	3.8	4.9	4.9	4.9
Estonia	1.4	6.8	2.7	2.5	3.0	3.6	4.4	5.1	4.4
Ireland	−4.9	2.5	0.3	1.3	4.8	4.1	5.1	5.7	5.2
Greece	−2.3	2.8	0.2	0.6	1.6	1.9	2.0	3.6	3.8
Spain	−3.0	1.4	0.4	0.4	2.3	2.2	2.6	3.9	3.7
France	−3.8	1.8	0.5	1.6	3.1	2.8	3.6	3.9	2.9
Croatia	0.0	5.4	2.2	2.9	3.4	3.4	3.1	2.4	2.3
Italy	−4.4	1.9	−0.8	−0.9	0.5	0.4	1.4	4.0	4.3
Cyprus	−3.1	4.0	0.4	−0.9	0.5	−0.9	0.3	0.4	−0.2
Latvia	−2.7	6.3	1.1	0.1	1.5	0.5	1.5	2.3	2.3
Lithuania	4.0	6.3	−1.6	−0.5	0.8	0.1	1.1	1.7	1.4
Luxembourg	−1.8	0.4	0.1	0.1	1.6	1.3	2.1	3.8	2.1
Malta	−3.4	4.2	0.9	−0.4	1.7	1.5	2.1	2.6	2.7
Netherlands	−1.9	3.4	1.1	2.8	3.3	3.0	4.4	3.4	2.9
Austria	−2.0	3.7	1.0	−0.8	1.2	1.1	1.9	2.9	3.1
Portugal	−1.4	2.3	−0.1	0.4	1.0	−0.5	1.0	2.6	2.5
Slovenia	−1.2	2.7	−0.2	−0.8	−0.4	−0.6	−0.1	0.5	1.2
Slovak Republic	1.2	5.0	1.3	1.7	3.0	3.4	3.9	4.0	3.6
Finland	−4.4	2.4	−0.3	−0.3	1.9	1.5	2.7	3.1	3.4
Euro area	−5.7	4.4	0.9	1.9	5.2	4.6	6.3	7.5	6.9



Bulgaria	2.2	5.4	−0.2	−0.1	0.2	0.4	1.3	2.0	1.5
Czech Republic	9.9	7.8	−3.2	2.5	3.8	2.7	3.8	6.3	6.4
Denmark	−2.9	3.0	−1.0	−1.1	0.9	0.9	2.3	1.5	2.3
Hungary	−5.0	12.4	−0.5	1.0	−0.7	−1.8	0.6	0.2	0.9
Poland	−0.3	9.2	6.7	4.3	3.0	3.0	4.5	4.1	3.9
Romania	1.2	5.5	2.7	1.3	2.5	1.1	2.6	3.1	4.8
Sweden	−7.0	−2.9	1.5	6.0	10.8	11.0	8.1	9.3	9.2



United Kingdom	−1.3	2.8	4.5	4.7	4.5	5.0	4.1	2.4	2.7
Norway	−1.6	−8.6	−2.2	−2.8	−2.6	−1.5	−1.6	−0.7	0.8
Switzerland	1.0	4.1	1.6	3.1	9.1	9.5	8.5	10.1	6.5
U.S.A.	8.8	0.8	2.7	4.9	2.3	1.2	−1.6	−1.7	−1.0
Japan	−14.6	−5.4	−6.0	3.4	9.2	9.7	10.4	9.0	1.6

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.