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 28, 2026 | 0.80 | 0.50 | +0.30 |
| Aug 28, 2026 | 0.80 | — | — |
| Aug 14, 2026 | 0.60 | 0.60 | 0.00 |
| Aug 14, 2026 | 0.60 | 0.60 | 0.00 |
| Jul 31, 2026 | 0.60 | 0.30 | +0.30 |
| Jul 31, 2026 | 0.60 | 0.30 | +0.30 |
| Jul 10, 2026 | -0.30 | -0.30 | 0.00 |
| Jul 10, 2026 | -0.30 | -0.30 | 0.00 |
| Jun 30, 2026 | -0.30 | 0.00 | -0.30 |
| Jun 30, 2026 | -0.30 | 0.00 | -0.30 |
| Jun 12, 2026 | 0.10 | 0.10 | 0.00 |
| Jun 12, 2026 | 0.10 | 0.10 | 0.00 |
| May 29, 2026 | 0.10 | 0.30 | -0.20 |
| May 29, 2026 | 0.10 | 0.30 | -0.20 |
| May 13, 2026 | 1.20 | 1.20 | 0.00 |
| May 13, 2026 | 1.20 | 1.20 | 0.00 |
| Apr 30, 2026 | 1.20 | 0.90 | +0.30 |
| Apr 30, 2026 | 1.20 | 0.90 | +0.30 |
| Apr 15, 2026 | 1.10 | 1.10 | 0.00 |
| Mar 31, 2026 | 1.10 | 1.00 | +0.10 |
| Mar 13, 2026 | 0.70 | 0.40 | +0.30 |
| Feb 27, 2026 | 0.40 | 0.40 | 0.00 |
| Feb 18, 2026 | -0.40 | -0.40 | 0.00 |
| Feb 3, 2026 | -0.40 | -0.20 | -0.20 |
| Jan 15, 2026 | 0.10 | 0.10 | 0.00 |
| Jan 6, 2026 | 0.10 | 0.10 | 0.00 |
| Dec 12, 2025 | -0.20 | -0.20 | 0.00 |
| Nov 28, 2025 | -0.20 | 0.10 | -0.30 |
| Nov 14, 2025 | 0.10 | 0.10 | 0.00 |
| Oct 31, 2025 | 0.10 | 0.10 | 0.00 |
| Oct 15, 2025 | -1.10 | -1.10 | 0.00 |
| Sep 30, 2025 | -1.10 | -0.90 | -0.20 |
| Sep 12, 2025 | 0.50 | 0.50 | 0.00 |
| Aug 29, 2025 | 0.50 | 0.50 | 0.00 |
| Aug 14, 2025 | 0.30 | 0.30 | 0.00 |
| Jul 31, 2025 | 0.30 | 0.20 | +0.10 |
| Jul 11, 2025 | 0.40 | 0.40 | 0.00 |
| Jun 27, 2025 | 0.40 | 0.20 | +0.20 |
| Jun 13, 2025 | -0.20 | -0.20 | 0.00 |
| May 27, 2025 | -0.20 | 0.10 | -0.30 |
| May 15, 2025 | 0.70 | 0.60 | +0.10 |
| Apr 30, 2025 | 0.60 | 0.30 | +0.30 |
| Apr 15, 2025 | 0.20 | 0.20 | 0.00 |
| Mar 28, 2025 | 0.20 | 0.30 | -0.10 |
| Mar 14, 2025 | 0.10 | 0.00 | +0.10 |
| Feb 18, 2025 | -0.20 | -0.20 | 0.00 |
| Jan 31, 2025 | -0.20 | 0.20 | -0.40 |
| Jan 15, 2025 | 0.20 | 0.20 | 0.00 |
| Dec 13, 2024 | -0.10 | -0.10 | 0.00 |
| Nov 29, 2024 | -0.10 | 0.10 | -0.20 |
