Euro Area Inflation Rate YoY

Category:  Inflation Rate
Units: Percent
In Euro Area, the inflation rate is calculated using the weighted average of the Harmonised Index of Consumer Price (HICP) aggregates. The main components of the HICP are: food, alcohol and tobacco (19 percent of the total weight), energy (11 percent), non-energy industrial goods (29 percent) and services (41 percent). The HICP aggregates are computed as the weighted average of each country’s HICP components. The weight of a country is its share of household final monetary consumption expenditure in the total of the country’s group. The local HICPs are supplied to the Eurostat by the National Statistical Institutes.

A higher than expected figure should be seen as positive (bullish) for the EUR while a lower than expected figure should be seen as negative (bearish) for the EUR.

Impact: Medium
Symbol: EUR
Latest Release
Previous: 5.3%
Consensus: 5.3%
Actual: 5.2%
Next Release
Time left: 2 days
Consensus: 4.5%