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 |
|---|---|---|---|
| Aug 31, 2026 | 0.20 | 0.30 | -0.10 |
| Aug 12, 2026 | 0.90 | 0.90 | 0.00 |
| Jul 30, 2026 | 0.90 | 0.80 | +0.10 |
| Jul 10, 2026 | -0.20 | -0.20 | 0.00 |
| Jun 30, 2026 | -0.20 | 0.10 | -0.30 |
| Jun 12, 2026 | -0.10 | -0.10 | 0.00 |
| May 29, 2026 | -0.10 | 0.20 | -0.30 |
| May 12, 2026 | 0.50 | 0.50 | 0.00 |
| Apr 29, 2026 | 0.50 | 0.80 | -0.30 |
| Apr 10, 2026 | 1.20 | 1.20 | 0.00 |
| Mar 30, 2026 | 1.20 | 1.20 | 0.00 |
| Mar 11, 2026 | 0.40 | 0.40 | 0.00 |
| Feb 27, 2026 | 0.40 | 0.50 | -0.10 |
| Feb 17, 2026 | -0.10 | -0.10 | 0.00 |
| Jan 30, 2026 | -0.10 | -0.20 | +0.10 |
| Jan 16, 2026 | 0.20 | 0.20 | 0.00 |
| Jan 6, 2026 | 0.20 | 0.40 | -0.20 |
| Dec 12, 2025 | -0.50 | -0.50 | 0.00 |
| Nov 28, 2025 | -0.50 | -0.60 | +0.10 |
| Nov 12, 2025 | 0.30 | 0.30 | 0.00 |
| Oct 30, 2025 | 0.30 | 0.20 | +0.10 |
| Oct 14, 2025 | 0.20 | 0.20 | 0.00 |
| Sep 30, 2025 | 0.20 | 0.10 | +0.10 |
| Sep 12, 2025 | 0.10 | 0.10 | 0.00 |
| Aug 29, 2025 | 0.10 | 0.00 | +0.10 |
| Aug 13, 2025 | 0.40 | 0.40 | 0.00 |
| Jul 10, 2025 | 0.10 | 0.10 | 0.00 |
| Jun 30, 2025 | 0.10 | 0.30 | -0.20 |
| Jun 13, 2025 | 0.20 | 0.20 | 0.00 |
| May 30, 2025 | 0.20 | 0.10 | +0.10 |
| May 14, 2025 | 0.50 | 0.50 | 0.00 |
| Apr 30, 2025 | 0.50 | 0.40 | +0.10 |
| Apr 11, 2025 | 0.40 | 0.40 | 0.00 |
| Mar 31, 2025 | 0.40 | 0.50 | -0.10 |
| Mar 14, 2025 | 0.50 | 0.60 | -0.10 |
| Feb 28, 2025 | 0.60 | 0.50 | +0.10 |
| Feb 13, 2025 | -0.20 | -0.20 | 0.00 |
| Jan 31, 2025 | -0.20 | -0.20 | 0.00 |
| Jan 16, 2025 | 0.70 | 0.70 | 0.00 |
| Jan 6, 2025 | 0.70 | 0.50 | +0.20 |
| Dec 10, 2024 | -0.70 | -0.70 | 0.00 |
| Nov 28, 2024 | -0.70 | -0.50 | -0.20 |
| Nov 12, 2024 | 0.40 | 0.40 | 0.00 |
| Oct 11, 2024 | -0.10 | -0.10 | 0.00 |
| Aug 29, 2024 | -0.20 | — | — |
| Aug 9, 2024 | 0.50 | 0.50 | 0.00 |
| Jul 30, 2024 | 0.50 | 0.20 | +0.30 |
| Jul 1, 2024 | 0.20 | — | — |
| Jun 12, 2024 | 0.20 | 0.20 | 0.00 |
| May 29, 2024 | 0.20 | 0.20 | 0.00 |
