Harmonized Index of Consumer Prices (YoY)

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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Next event - Wednesday 17 April 2024 09:00

2.4%

Forecast

2.4%

Actual

The typical/expected market impact of this event is low.

The consensus forecast for Harmonized Index of Consumer Prices (YoY) is 2.4%. A higher value than forecast tends to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.

Most recent - Wednesday 3 April 2024 09:00

2.6%

Forecast

2.6%

Actual

2.4%

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

Trading range

Forecast history

The most recent announced value for Harmonized Index of Consumer Prices (YoY) was 2.4% against a forecast of 2.6%.

Past events

Date

Forecast

Actual

Wednesday 3 April 2024 09:00

2.6%

2.4%

Monday 18 March 2024 10:00

2.6%

Friday 1 March 2024 10:00

2.5%

2.6%

Thursday 22 February 2024 10:00

2.8%

Thursday 1 February 2024 10:00

2.8%

Wednesday 17 January 2024 10:00

2.9%

Friday 5 January 2024 10:00

2.9%

Tuesday 19 December 2023 10:00

2.4%

Thursday 30 November 2023 10:00

2.7%

2.4%

Friday 17 November 2023 10:00

2.9%

Tuesday 31 October 2023 10:00

3.1%

2.9%

Wednesday 18 October 2023 09:00

4.3%

Friday 29 September 2023 09:00

4.5%

4.3%

Tuesday 19 September 2023 09:00

5.3%

5.2%

Thursday 31 August 2023 09:00

5.1%

5.3%

Friday 18 August 2023 09:00

5.3%

Monday 31 July 2023 09:00

5.3%

Wednesday 19 July 2023 09:00

5.5%

Friday 30 June 2023 09:00

5.6%

5.5%

Friday 16 June 2023 09:00

6.1%

Thursday 1 June 2023 09:00

6.3%

6.1%

Wednesday 17 May 2023 09:00

Tuesday 2 May 2023 09:00

6.9%

Wednesday 19 April 2023 09:00

6.9%

Friday 31 March 2023 09:00

7.1%

6.9%

Friday 17 March 2023 10:00

8.5%

Thursday 2 March 2023 10:00

8.2%

8.5%

Thursday 23 February 2023 10:00

8.6%

Wednesday 1 February 2023 10:00

8.5%

Wednesday 18 January 2023 10:00

9.2%

Friday 6 January 2023 10:00

9.7%

9.2%

Friday 16 December 2022 10:00

10%

10.1%

Wednesday 30 November 2022 10:00

10.4%

10%

Thursday 17 November 2022 10:00

10.7%

10.6%

Monday 31 October 2022 10:00

10.2%

10.7%

Wednesday 19 October 2022 09:00

10%

9.9%

Friday 30 September 2022 09:00

9.7%

10%

Friday 16 September 2022 09:00

9.1%

Wednesday 31 August 2022 09:00

9.1%

Thursday 18 August 2022 09:00

8.9%

Friday 29 July 2022 09:00

8.6%

8.9%

Tuesday 19 July 2022 09:00

8.6%

Friday 1 July 2022 09:00

8.4%

8.6%

Friday 17 June 2022 09:00

8.1%

Tuesday 31 May 2022 09:00

7.7%

8.1%

Wednesday 18 May 2022 09:00

7.5%

7.4%

Friday 29 April 2022 09:00

7.5%

Thursday 21 April 2022 09:00

7.5%

7.4%

Friday 1 April 2022 09:00

6.6%

7.5%

Thursday 17 March 2022 10:00

5.8%

5.9%

Wednesday 2 March 2022 10:00

5.4%

5.8%

Wednesday 23 February 2022 10:00

5.1%

Wednesday 2 February 2022 10:00

4.4%

5.1%

Thursday 20 January 2022 10:00

Friday 7 January 2022 10:00

4.7%

Friday 17 December 2021 10:00

4.9%

Tuesday 30 November 2021 10:00

3.7%

4.9%

Wednesday 17 November 2021 10:00

4.1%

Friday 29 October 2021 09:00

3.7%

4.1%

Wednesday 20 October 2021 09:00

3.4%

Friday 1 October 2021 09:00

3.3%

3.4%

Friday 17 September 2021 09:00

Tuesday 31 August 2021 09:00

2.7%

Wednesday 18 August 2021 09:00

2.2%

Friday 30 July 2021 09:00

2.2%

Friday 16 July 2021 09:00

1.9%

Wednesday 30 June 2021 09:00

1.9%

Thursday 17 June 2021 09:00

Tuesday 1 June 2021 09:00

1.9%

Wednesday 19 May 2021 09:00

1.6%

Friday 30 April 2021 09:00

1.6%

Economic context

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

		Previous	Latest
ZEW Survey – Current Situation	Bullish change	-80.5	-79.2
ZEW Survey – Economic Sentiment	Bullish change	31.7	42.9
ZEW Survey – Economic Sentiment	Bullish change	33.5	43.9
Consumer Price Index (EU Norm) (YoY)	Bearish change	1.3%	1.2%
Consumer Price Index (YoY)	Bearish change	1.3%	1.2%
Industrial Production s.a. (MoM)	Bullish change	-3%	0.8%
Harmonized Index of Consumer Prices (YoY)	Bullish change	3.2%	3.3%
Consumer Price Index (EU norm) (YoY)	(no change)	2.4%	2.4%
Harmonized Index of Consumer Prices (MoM)	(no change)	0.6%	0.6%
Harmonized Index of Consumer Prices (YoY)	(no change)	2.3%	2.3%
Sentix Investor Confidence	Bullish change	-10.5	-5.9
Industrial Production n.s.a. w.d.a. (YoY)	Bullish change	-5.3%	-4.9%
Industrial Production s.a. (MoM)	Bullish change	1.3%	2.1%
Trade Balance s.a.	Bearish change	€27.5B	€21.4B
Retail Sales (MoM)	Bearish change	0%	-0.5%
Retail Sales (YoY)	Bullish change	-0.9%	-0.7%
Factory Orders n.s.a. (YoY)	Bearish change	-6.2%	-10.6%
Factory Orders s.a. (MoM)	Bullish change	-11.4%	0.2%
Producer Price Index (MoM)	Bearish change	-0.9%	-1%
Producer Price Index (YoY)	Bearish change	-8%	-8.3%
HCOB Composite PMI	Bullish change	49.9	50.3
HCOB Composite PMI	Bullish change	47.4	47.7
HCOB Services PMI	Bullish change	49.8	50.1
HCOB Services PMI	Bullish change	54.7	56.1
Core Harmonized Index of Consumer Prices (MoM)	Bullish change	0.7%	1.1%
Core Harmonized Index of Consumer Prices (YoY)	Bearish change	3.1%	2.9%
Harmonized Index of Consumer Prices (MoM)	Bullish change	0.6%	0.8%
Unemployment Rate	(no change)	6.5%	6.5%

About Harmonized Index of Consumer Prices (YoY)

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

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

Harmonized Index of Consumer Prices (YoY)

Next event - Wednesday 17 April 2024 09:00

Most recent - Wednesday 3 April 2024 09:00

Trading range

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

Forecast history

Past events

Economic context

About Harmonized Index of Consumer Prices (YoY)

Related events