DATA - Real effective exchange rates

Real effective exchange rates CPI-based, broad group of partner countries
	2023	2024	2025	Mar. 26	Apr. 26	May 26	June 26	July 26	Aug. 26
Annual change in %
Belgium	3.3	0.9	1.0	−1.1	−0.2	−0.4	−0.1	−1.8	2.5
Bulgaria	5.4	−0.2	1.0	0.8	2.2	2.2	0.9	−0.3	x
Germany	2.8	1.0	1.8	2.1	0.4	0.3	−0.6	−1.4	−0.9
Estonia	6.8	2.9	3.8	1.5	−0.4	−0.1	−2.1	−2.2	−2.3
Ireland	2.5	−0.2	1.7	3.4	1.6	1.6	0.0	−1.2	−0.4
Greece	2.8	1.1	2.1	1.9	0.6	1.3	−0.2	−1.7	−0.1
Spain	1.4	0.4	1.2	2.1	1.1	1.2	0.5	−0.1	0.3
France	1.8	0.0	0.6	0.7	−0.5	−0.6	−1.8	−2.5	−2.1
Croatia	5.4	2.4	1.9	1.9	0.9	0.4	0.0	−0.5	−0.5
Italy	1.9	−0.2	0.9	1.2	−0.3	−0.4	−1.4	−2.2	−1.8
Cyprus	4.0	0.8	0.4	0.8	0.3	0.7	0.2	−0.7	x
Latvia	6.3	2.1	1.7	2.5	0.1	0.6	0.2	−0.2	0.4
Lithuania	6.3	−1.4	1.0	2.6	1.6	1.7	1.7	1.4	x
Luxembourg	0.4	−0.1	0.1	0.6	−0.3	−1.2	−0.9	−1.4	−1.2
Malta	4.2	0.9	1.6	1.9	0.4	−0.3	−1.1	−1.9	x
Netherlands	3.4	0.6	1.4	1.3	0.1	1.1	−0.2	−0.7	−0.6
Austria	3.7	1.4	1.6	1.8	0.6	0.8	0.1	−0.8	−0.5
Portugal	2.3	0.1	0.6	0.7	−0.3	−0.6	−0.5	−0.9	−0.1
Slovenia	2.7	0.4	0.1	0.0	−0.7	−0.8	−0.9	−0.8	−0.2
Slovak Republic	5.0	1.4	3.4	2.1	1.0	0.6	0.1	−0.2	−0.1
Finland	2.4	0.0	1.1	0.6	−0.4	−0.3	−1.5	−2.5	−2.2
Euro area	4.4	0.9	2.3	2.8	0.5	0.6	−1.1	−2.3	−1.6
Czech Republic	7.8	−3.5	2.6	3.7	3.2	2.5	2.0	0.9	0.9
Denmark	3.0	−1.1	0.3	0.6	−1.1	−0.3	−0.7	−1.6	−1.3
Hungary	12.4	−0.6	2.6	5.1	11.4	13.6	13.9	11.0	9.8
Poland	9.2	7.0	2.3	−1.6	0.4	0.1	−0.4	−2.6	−1.5
Romania	5.5	2.8	3.1	4.5	3.5	2.7	1.2	0.5	x
Sweden	−2.9	1.3	4.7	1.9	−0.5	−1.4	−1.6	−1.4	−1.4
United Kingdom	2.8	4.7	2.0	−0.2	−0.8	−1.8	−2.0	−0.3	0.1
Norway	−8.6	−1.9	−0.2	5.9	8.4	9.1	5.4	6.6	8.9
Switzerland	4.1	1.3	2.1	6.3	0.8	1.5	−0.5	−2.9	−2.7
U.S.A.	0.8	2.8	1.5	−5.1	−4.4	−3.3	−1.1	−0.3	−2.1
Japan	−5.4	−6.2	0.4	−9.3	−13.4	−11.9	−12.0	−11.0	−9.4


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.