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 | 0.60 | 0.30 | +0.30 |
| Aug 13, 2026 | 0.10 | 0.00 | +0.10 |
| Aug 13, 2026 | 0.10 | 0.00 | +0.10 |
| Jul 30, 2026 | 0.00 | — | — |
| Jul 30, 2026 | 0.00 | 0.40 | -0.40 |
| Jul 9, 2026 | 0.30 | 0.30 | 0.00 |
| Jul 9, 2026 | 0.30 | 0.30 | 0.00 |
| Jun 30, 2026 | 0.30 | 0.40 | -0.10 |
| Jun 11, 2026 | -0.20 | -0.10 | -0.10 |
| Jun 11, 2026 | -0.20 | -0.10 | -0.10 |
| May 29, 2026 | -0.10 | — | — |
| May 29, 2026 | -0.10 | 0.20 | -0.30 |
| May 14, 2026 | 0.50 | 0.40 | +0.10 |
| May 14, 2026 | 0.50 | 0.40 | +0.10 |
| Apr 29, 2026 | 0.40 | 1.10 | -0.70 |
| Apr 29, 2026 | 0.40 | — | — |
| Apr 9, 2026 | 1.80 | 1.80 | 0.00 |
| Mar 30, 2026 | 1.80 | 1.10 | +0.70 |
| Mar 12, 2026 | 0.80 | 0.70 | +0.10 |
| Mar 2, 2026 | 0.70 | 0.60 | +0.10 |
| Feb 19, 2026 | -1.00 | -1.00 | 0.00 |
| Jan 30, 2026 | -1.00 | -0.70 | -0.30 |
| Jan 15, 2026 | 0.60 | 0.60 | 0.00 |
| Jan 6, 2026 | 0.60 | 0.70 | -0.10 |
| Dec 11, 2025 | -0.20 | -0.20 | 0.00 |
| Dec 1, 2025 | -0.20 | -0.40 | +0.20 |
| Nov 13, 2025 | 0.40 | 0.20 | +0.20 |
| Oct 30, 2025 | 0.20 | 0.20 | 0.00 |
| Oct 9, 2025 | -0.20 | -0.20 | 0.00 |
| Sep 30, 2025 | -0.20 | -0.90 | +0.70 |
| Sep 11, 2025 | 0.40 | 0.30 | +0.10 |
| Sep 1, 2025 | 0.30 | 0.40 | -0.10 |
| Aug 7, 2025 | 0.20 | 0.20 | 0.00 |
| Jul 10, 2025 | 0.50 | 0.50 | 0.00 |
| Jun 30, 2025 | 0.50 | 0.20 | +0.30 |
| Jun 12, 2025 | 0.00 | 0.00 | 0.00 |
| May 30, 2025 | 0.00 | 0.60 | -0.60 |
| May 8, 2025 | 0.40 | 0.40 | 0.00 |
| Apr 30, 2025 | 0.40 | 0.40 | 0.00 |
| Apr 10, 2025 | 0.70 | 0.70 | 0.00 |
| Mar 31, 2025 | 0.70 | 0.50 | +0.20 |
| Mar 13, 2025 | 0.80 | 0.70 | +0.10 |
| Feb 28, 2025 | 0.70 | 1.10 | -0.40 |
| Feb 20, 2025 | -0.70 | -0.90 | +0.20 |
| Jan 31, 2025 | -0.90 | 0.60 | -1.50 |
| Jan 16, 2025 | 0.90 | 0.90 | 0.00 |
| Dec 31, 2024 | 0.90 | 0.40 | +0.50 |
| Dec 12, 2024 | -0.50 | -0.50 | 0.00 |
| Nov 28, 2024 | -0.50 | 0.30 | -0.80 |
| Nov 7, 2024 | 0.30 | 0.30 | 0.00 |
