The Harmonised Inflation Rate Year-over-Year (YoY) represents the annual percentage change in the Harmonised Index of Consumer Prices. This metric is specifically designed to provide a comparable measure of inflation across different European countries, stripping out national idiosyncrasies in data collection. It is the benchmark used by the ECB to define its price stability mandate of 2%.
The rate is derived from the HICP, which follows a strict set of legal requirements and statistical standards defined by EU regulations to ensure cross-border comparability.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Oct 15, 2026 | 4.50 | 4.60 | -0.10 |
| Sep 29, 2026 | 4.60 | 4.70 | -0.10 |
| Sep 16, 2026 | 4.20 | 4.20 | 0.00 |
| Aug 28, 2026 | 4.20 | 3.70 | +0.50 |
| Aug 17, 2026 | 3.60 | 3.50 | +0.10 |
| Jul 30, 2026 | 3.50 | 3.20 | +0.30 |
| Jul 15, 2026 | 3.30 | 3.00 | +0.30 |
| Jun 29, 2026 | 3.00 | 3.90 | -0.90 |
| Jun 17, 2026 | 4.00 | 4.10 | -0.10 |
| May 28, 2026 | 4.10 | 4.90 | -0.80 |
| May 19, 2026 | 4.30 | 4.30 | 0.00 |
| Apr 29, 2026 | 4.30 | — | — |
The latest reading is 1.1 standard deviations above the mean.
