
The Rent Surge: From Zero to 11%
The rent index stayed at 0.0% for 28 consecutive months and then jumped to 11.4% — three times the general inflation rate, and well above the eurozone.

The rent index stayed at 0.0% for 28 consecutive months and then jumped to 11.4% — three times the general inflation rate, and well above the eurozone.

Inflation fell from 12.1% to 3.4%. However, the price level has been rising since 2021 at an annual rate of 4.3%, compared with 2.3% during the euro era — a doubling in sixteen years rather than thirty.