Harmonized Index of Consumer Prices (MoM)

The Euro Zone Harmonized Index of Consumer Prices (HICP) released by Eurostat captures the changes in the price of goods and services. The HICP is a significant way to measure changes in purchasing trends and inflation in the Euro Zone. Generally, a high reading anticipates a hawkish attitude which will be positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).

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Most recent - Tuesday 19 September 2023 09:00

0.6%

Forecast

0.6%

Actual

0.5%

Lower numbers than forecast tend to be bullish for xxx/EUR pairs and bearish for EUR/xxx pairs.

Next event - Friday 29 September 2023 09:00

0.5%

Forecast

Actual

The typical/expected impact on EUR pairs is high.

There is no forecast value for Harmonized Index of Consumer Prices (MoM) yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Harmonized Index of Consumer Prices (MoM) was 0.5% against a forecast of 0.6%.

Past events

Date

Forecast

Actual

Tuesday 19 September 2023 09:00

0.6%

0.5%

Thursday 31 August 2023 09:00

-0.1%

0.6%

Friday 18 August 2023 09:00

-0.1%

Monday 31 July 2023 09:00

0.3%

-0.1%

Wednesday 19 July 2023 09:00

0.3%

Friday 30 June 2023 09:00

0.3%

Friday 16 June 2023 09:00

Thursday 1 June 2023 09:00

Wednesday 17 May 2023 09:00

0.7%

0.6%

Tuesday 2 May 2023 09:00

0.9%

0.7%

Wednesday 19 April 2023 09:00

0.9%

Friday 31 March 2023 09:00

0.8%

0.9%

Friday 17 March 2023 10:00

0.8%

Thursday 2 March 2023 10:00

-0.3%

0.8%

Thursday 23 February 2023 10:00

-0.4%

-0.2%

Wednesday 1 February 2023 10:00

-0.3%

-0.4%

Wednesday 18 January 2023 10:00

-0.3%

-0.4%

Friday 6 January 2023 10:00

0.8%

-0.3%

Friday 16 December 2022 10:00

-0.1%

Wednesday 30 November 2022 10:00

1.5%

-0.1%

Thursday 17 November 2022 10:00

1.5%

Monday 31 October 2022 10:00

0.6%

1.5%

Wednesday 19 October 2022 09:00

1.2%

Friday 30 September 2022 09:00

1.2%

Friday 16 September 2022 09:00

0.5%

0.6%

Wednesday 31 August 2022 09:00

1.1%

0.5%

Thursday 18 August 2022 09:00

0.1%

Friday 29 July 2022 09:00

0.1%

Tuesday 19 July 2022 09:00

0.8%

Friday 17 June 2022 09:00

0.8%

Wednesday 18 May 2022 09:00

0.6%

Thursday 21 April 2022 09:00

2.5%

2.4%

Thursday 17 March 2022 10:00

0.9%

Wednesday 23 February 2022 10:00

0.3%

Thursday 20 January 2022 10:00

0.4%

Friday 17 December 2021 10:00

0.5%

0.4%

Wednesday 17 November 2021 10:00

0.8%

Wednesday 20 October 2021 09:00

0.5%

Friday 17 September 2021 09:00

0.4%

Wednesday 18 August 2021 09:00

-0.1%

Friday 16 July 2021 09:00

0.3%

Thursday 17 June 2021 09:00

0.3%

Wednesday 19 May 2021 09:00

0.6%

Friday 16 April 2021 09:00

0.9%

Wednesday 17 March 2021 10:00

0.2%

Tuesday 23 February 2021 10:00

0.2%

Wednesday 20 January 2021 10:00

0.3%

Thursday 17 December 2020 10:00

-0.3%

Wednesday 18 November 2020 10:00

0.2%

Friday 16 October 2020 09:00

0.1%

Economic context

Recent economic data has been broadly neutral for EUR. Other recent announcements which may affect the market's interpretation of the next Harmonized Index of Consumer Prices (MoM) result:

		Previous	Latest
HCOB Composite PMI	Bullish change	46.7	47.1
HCOB Manufacturing PMI	Bearish change	43.5	43.4
HCOB Services PMI	Bullish change	47.9	48.4
HCOB Composite PMI	Bullish change	44.6	46.2
HCOB Manufacturing PMI	Bullish change	39.1	39.8
HCOB Services PMI	Bullish change	47.3	49.8
HCOB Composite PMI	Bearish change	46	43.5
HCOB Manufacturing PMI	Bearish change	46	43.6
HCOB Services PMI	Bearish change	46	43.9
Gross Domestic Product (QoQ)	Bullish change	0.4%	0.5%
Consumer Confidence	Bearish change	-16	-17.8
Producer Price Index (MoM)	Bullish change	-1.1%	0.3%
Producer Price Index (YoY)	Bearish change	-6%	-12.6%
Core Harmonized Index of Consumer Prices (MoM)	(no change)	0.3%	0.3%
Core Harmonized Index of Consumer Prices (YoY)	(no change)	5.3%	5.3%
Consumer Price Index (EU Norm) (YoY)	(no change)	5.5%	5.5%
Consumer Price Index (YoY)	Bearish change	5.5%	5.4%
Consumer Price Index (EU norm) (YoY)	(no change)	5.7%	5.7%
Industrial Production s.a. (MoM)	Bearish change	0.4%	-1.1%
ZEW Survey – Economic Sentiment	Bearish change	-5.5	-8.9
ZEW Survey – Current Situation	Bearish change	-71.3	-79.4
ZEW Survey – Economic Sentiment	Bullish change	-12.3	-11.4
Harmonized Index of Consumer Prices (YoY)	(no change)	2.4%	2.4%

About Harmonized Index of Consumer Prices (MoM)

Country:	Eurozone
Currency:	EUR
Source:	Eurostat
Category:	Inflation
Frequency:	Monthly

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Calendar - Harmonized Index of Consumer Prices (MoM) - Eurozone

Harmonized Index of Consumer Prices (MoM)

Most recent - Tuesday 19 September 2023 09:00

Next event - Friday 29 September 2023 09:00

Trading range

Trading range after each Harmonized Index of Consumer Prices (MoM) event

Forecast history

Past events

Economic context

About Harmonized Index of Consumer Prices (MoM)

Related events