The Harmonised Index of Consumer Prices (HICP) Month-over-Month (MoM) measures the change in the price of consumer goods and services in the Eurozone between the current month and the previous month. This short-term indicator helps analysts identify immediate inflationary or deflationary trends before they are fully reflected in annual data. It is a key component of the ECB's price stability assessment.
The index is calculated by comparing the current month's price index value against the previous month's value, using harmonized standards across all Eurozone countries to ensure data consistency.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Sep 1, 2026 | 0.50 | 0.30 | +0.20 |
| Sep 1, 2026 | 0.50 | — | — |
| Aug 19, 2026 | -0.40 | -0.40 | 0.00 |
| Aug 19, 2026 | -0.40 | -0.40 | 0.00 |
| Jul 31, 2026 | -0.40 | 0.30 | -0.70 |
| Jul 31, 2026 | 0.00 | — | — |
| Jul 17, 2026 | -0.30 | -0.30 | 0.00 |
| Jul 1, 2026 | 0.10 | — | — |
| Jul 1, 2026 | -0.30 | 0.30 | -0.60 |
| Jun 17, 2026 | 0.10 | 0.10 | 0.00 |
| Jun 17, 2026 | 0.10 | 0.10 | 0.00 |
| Jun 2, 2026 | 0.10 | 0.20 | -0.10 |
| Jun 2, 2026 | 0.50 | — | — |
| May 20, 2026 | 0.50 | 0.40 | +0.10 |
| May 20, 2026 | 0.50 | 0.40 | +0.10 |
| Apr 30, 2026 | 1.10 | — | — |
| Apr 30, 2026 | 0.40 | 0.70 | -0.30 |
| Apr 16, 2026 | 1.10 | 1.10 | 0.00 |
| Mar 31, 2026 | 1.10 | 1.00 | +0.10 |
| Mar 18, 2026 | 0.80 | 0.80 | 0.00 |
| Mar 3, 2026 | 0.80 | 0.30 | +0.50 |
| Feb 25, 2026 | -0.80 | -0.80 | 0.00 |
| Feb 4, 2026 | -0.80 | 0.20 | -1.00 |
| Jan 19, 2026 | 0.50 | 0.60 | -0.10 |
| Jan 7, 2026 | 0.60 | 0.40 | +0.20 |
| Dec 17, 2025 | 0.20 | 0.30 | -0.10 |
| Dec 2, 2025 | 0.30 | 0.50 | -0.20 |
| Nov 19, 2025 | 0.50 | 0.50 | 0.00 |
| Oct 31, 2025 | 0.50 | 0.20 | +0.30 |
| Oct 17, 2025 | 0.00 | 0.00 | 0.00 |
| Oct 1, 2025 | 0.00 | 0.40 | -0.40 |
| Sep 17, 2025 | 0.30 | 0.30 | 0.00 |
| Sep 2, 2025 | 0.30 | -0.10 | +0.40 |
| Aug 20, 2025 | 0.10 | 0.00 | +0.10 |
| Aug 1, 2025 | 0.00 | -0.30 | +0.30 |
| Jul 17, 2025 | 0.30 | 0.30 | 0.00 |
| Jul 1, 2025 | 0.30 | -0.10 | +0.40 |
| Jun 18, 2025 | -0.10 | -0.10 | 0.00 |
| Jun 3, 2025 | -0.10 | 0.20 | -0.30 |
| May 19, 2025 | 0.30 | 0.30 | 0.00 |
| May 2, 2025 | 0.30 | 0.00 | +0.30 |
| Apr 16, 2025 | 0.30 | 0.30 | 0.00 |
| Apr 1, 2025 | 0.30 | 0.60 | -0.30 |
| Mar 19, 2025 | 0.50 | 0.60 | -0.10 |
| Mar 3, 2025 | 0.60 | 0.60 | 0.00 |
| Feb 24, 2025 | 0.90 | 0.90 | 0.00 |
| Feb 3, 2025 | 0.90 | -0.40 | +1.30 |
| Jan 15, 2025 | 0.70 | 0.70 | 0.00 |
| Dec 18, 2024 | 0.30 | 0.30 | 0.00 |
| Nov 29, 2024 | 0.30 | 0.30 | 0.00 |
| Date | First print | Current | Revision |
|---|---|---|---|
| Jul 31, 2026 | -0.40 | 0 | +0.40 ↑ |
| Jul 1, 2026 | -0.30 | 0.10 | +0.40 ↑ |
| Jun 2, 2026 | 0.10 | 0.50 | +0.40 ↑ |
| Apr 30, 2026 | 0.40 | 1.10 | +0.70 ↑ |
