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 | 0.10 | — | — |
| Sep 1, 2026 | 0.10 | 0.00 | +0.10 |
| Aug 12, 2026 | -1.00 | -1.00 | 0.00 |
| Aug 12, 2026 | -1.00 | -1.00 | 0.00 |
| Jul 31, 2026 | -1.00 | -1.00 | 0.00 |
| Jul 31, 2026 | -1.00 | -1.00 | 0.00 |
| Jul 16, 2026 | 0.00 | 0.10 | -0.10 |
| Jul 16, 2026 | 0.00 | 0.10 | -0.10 |
| Jun 30, 2026 | 0.30 | — | — |
| Jun 30, 2026 | 0.10 | 0.10 | 0.00 |
| Jun 16, 2026 | 0.30 | 0.40 | -0.10 |
| Jun 16, 2026 | 0.30 | 0.40 | -0.10 |
| May 29, 2026 | 0.40 | 0.30 | +0.10 |
| May 29, 2026 | 0.40 | 0.30 | +0.10 |
| May 15, 2026 | 1.60 | 1.70 | -0.10 |
| May 15, 2026 | 1.60 | 1.70 | -0.10 |
| Apr 30, 2026 | 1.70 | 1.30 | +0.40 |
| Apr 30, 2026 | 1.70 | 1.30 | +0.40 |
| Apr 16, 2026 | 1.70 | 1.60 | +0.10 |
| Mar 31, 2026 | 1.60 | 1.80 | -0.20 |
| Mar 17, 2026 | 0.50 | 0.60 | -0.10 |
| Mar 3, 2026 | 0.60 | 0.20 | +0.40 |
| Feb 23, 2026 | -1.00 | -1.00 | 0.00 |
| Feb 4, 2026 | -1.00 | -1.00 | 0.00 |
| Jan 16, 2026 | 0.20 | 0.20 | 0.00 |
| Jan 7, 2026 | 0.20 | 0.10 | +0.10 |
| Dec 16, 2025 | -0.20 | -0.20 | 0.00 |
| Nov 28, 2025 | -0.20 | 0.10 | -0.30 |
| Nov 17, 2025 | -0.20 | -0.20 | 0.00 |
| Oct 31, 2025 | -0.20 | 0.20 | -0.40 |
| Oct 16, 2025 | 1.30 | 1.30 | 0.00 |
| Sep 30, 2025 | 1.30 | 1.20 | +0.10 |
| Sep 16, 2025 | -0.20 | -0.20 | 0.00 |
| Aug 29, 2025 | -0.20 | -0.10 | -0.10 |
| Aug 11, 2025 | -1.00 | -1.00 | 0.00 |
| Jul 16, 2025 | 0.20 | 0.20 | 0.00 |
| Jun 30, 2025 | 0.20 | 0.30 | -0.10 |
| Jun 16, 2025 | -0.10 | 0.10 | -0.20 |
| May 30, 2025 | 0.10 | 0.10 | 0.00 |
| May 16, 2025 | 0.40 | 0.50 | -0.10 |
| Apr 30, 2025 | 0.50 | 0.60 | -0.10 |
| Apr 16, 2025 | 1.60 | 1.60 | 0.00 |
| Mar 31, 2025 | 1.60 | 1.40 | +0.20 |
| Mar 17, 2025 | 0.10 | 0.10 | 0.00 |
| Feb 28, 2025 | 0.10 | 0.10 | 0.00 |
| Feb 21, 2025 | -0.80 | -0.70 | -0.10 |
| Feb 3, 2025 | -0.70 | -1.10 | +0.40 |
| Jan 16, 2025 | 0.10 | 0.10 | 0.00 |
| Jan 7, 2025 | 0.10 | 0.30 | -0.20 |
| Dec 16, 2024 | -0.10 | — | — |
| Date | First print | Current | Revision |
|---|---|---|---|
| Jun 30, 2026 | 0.10 | 0.30 | +0.20 ↑ |
