Core consumer prices In the Euro Area increased 5.50 percent in July of 2023 over the same month in the previous year. source: EUROSTAT

Core Inflation Rate in Euro Area averaged 1.86 percent from 1991 until 2023, reaching an all time high of 5.70 percent in March of 2023 and a record low of 0.20 percent in September of 2020. This page provides the latest reported value for - Euro Area Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Core Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2023.

Core Inflation Rate in Euro Area is expected to be 4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Core Inflation Rate is projected to trend around 2.30 percent in 2024 and 2.00 percent in 2025, according to our econometric models.

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Euro Area Core Inflation Rate



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-07-31 09:00 AM Core Inflation Rate YoY Flash Jul 5.5% 5.5% 5.4% 5.4%
2023-08-18 09:00 AM Core Inflation Rate YoY Final Jul 5.5% 5.5% 5.5% 5.5%
2023-08-31 09:00 AM Core Inflation Rate YoY Flash Aug 5.5% 5.3% 5.3%


Related Last Previous Unit Reference
Inflation Rate 5.30 5.50 percent Jul 2023
Inflation Rate MoM -0.10 0.30 percent Jul 2023
Consumer Price Index CPI 123.36 123.47 points Jul 2023
Core Inflation Rate 5.50 5.50 percent Jul 2023
Core Consumer Prices 116.39 116.55 points Jul 2023
GDP Deflator 119.30 117.33 points Mar 2023
Producer Prices 145.80 146.40 points Jun 2023
Producer Prices Change -3.40 -1.60 percent Jun 2023
Import Prices 118.20 118.70 points Jun 2023
Food Inflation 11.60 12.60 percent Jul 2023
CPI Transportation 126.85 125.13 points Jul 2023
CPI Housing Utilities 128.85 129.18 points Jul 2023

Euro Area Core Inflation Rate
In Euro Area, the core inflation rate is calculated using the weighted average of the Harmonised Index of Consumer Price (HICP) aggregates, excluding energy, food, alcohol & tobacco that face volatile price movements.
Actual Previous Highest Lowest Dates Unit Frequency
5.50 5.50 5.70 0.20 1991 - 2023 percent Monthly
2015=100