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 |
|---|---|---|---|
| Sep 30, 2026 | — | 3.40 | — |
| Sep 1, 2026 | 3.20 | 3.20 | 0.00 |
| Aug 12, 2026 | 2.90 | 2.90 | 0.00 |
| Jul 31, 2026 | 2.90 | 2.80 | +0.10 |
| Jul 16, 2026 | 3.00 | 3.10 | -0.10 |
| Jun 30, 2026 | 3.10 | 3.10 | 0.00 |
| Jun 16, 2026 | 3.20 | 3.30 | -0.10 |
| May 29, 2026 | 3.30 | 3.20 | +0.10 |
| May 15, 2026 | 2.80 | 2.90 | -0.10 |
| Apr 30, 2026 | 2.90 | 2.50 | +0.40 |
| Apr 16, 2026 | 1.60 | 1.50 | +0.10 |
| Mar 31, 2026 | 1.50 | 1.80 | -0.30 |
| Mar 17, 2026 | 1.50 | 1.60 | -0.10 |
| Mar 3, 2026 | 1.60 | 1.10 | +0.50 |
| Feb 23, 2026 | 1.00 | 1.00 | 0.00 |
| Feb 4, 2026 | 1.00 | 1.00 | 0.00 |
| Jan 16, 2026 | 1.20 | 1.20 | 0.00 |
| Jan 7, 2026 | 1.20 | 1.20 | 0.00 |
| Dec 16, 2025 | 1.10 | 1.10 | 0.00 |
| Nov 28, 2025 | 1.10 | 1.50 | -0.40 |
| Nov 17, 2025 | 1.30 | 1.30 | 0.00 |
| Oct 31, 2025 | 1.30 | 1.70 | -0.40 |
| Oct 16, 2025 | 1.80 | 1.80 | 0.00 |
| Sep 30, 2025 | 1.80 | 1.70 | +0.10 |
| Sep 16, 2025 | 1.60 | 1.70 | -0.10 |
| Aug 29, 2025 | 1.70 | 1.80 | -0.10 |
| Aug 11, 2025 | 1.70 | 1.70 | 0.00 |
| Jul 16, 2025 | 1.80 | 1.70 | +0.10 |
| Jun 30, 2025 | 1.70 | 1.80 | -0.10 |
| Jun 16, 2025 | 1.70 | 1.90 | -0.20 |
| May 30, 2025 | 1.90 | 1.90 | 0.00 |
| May 16, 2025 | 2.00 | 2.10 | -0.10 |
| Apr 30, 2025 | 2.10 | 2.30 | -0.20 |
| Apr 16, 2025 | 2.10 | 2.10 | 0.00 |
| Mar 31, 2025 | 2.10 | 1.90 | +0.20 |
| Mar 17, 2025 | 1.70 | 1.70 | 0.00 |
| Feb 28, 2025 | 1.70 | 1.80 | -0.10 |
| Feb 21, 2025 | 1.70 | 1.70 | 0.00 |
| Feb 3, 2025 | 1.70 | 1.40 | +0.30 |
| Jan 16, 2025 | 1.40 | 1.40 | 0.00 |
| Jan 7, 2025 | 1.40 | 1.60 | -0.20 |
| Dec 16, 2024 | 1.50 | 1.60 | -0.10 |
| Nov 29, 2024 | 1.60 | 1.50 | +0.10 |
| Nov 15, 2024 | 1.00 | 1.00 | 0.00 |
| Oct 31, 2024 | 1.00 | 0.80 | +0.20 |
| Oct 16, 2024 | 0.70 | 0.80 | -0.10 |
| Sep 30, 2024 | 0.80 | -0.50 | +1.30 |
| Sep 16, 2024 | 1.20 | 1.30 | -0.10 |
| Aug 30, 2024 | 1.30 | 1.30 | 0.00 |
| Aug 9, 2024 | 1.60 | 1.70 | -0.10 |
| Jul 31, 2024 | 1.70 | 1.20 | +0.50 |