Euro Area Inflation Rate MoM Final

Info

History

Chart

Impact:

High

Source: EUROSTAT

Latest Release:

Date:

Actual:

0.6%

Forecast: 0.6%

Previous/Revision:

0.6%

Period: Apr

Next Release:

Date:

Period: May

What Does It Measure?

The Euro Area Inflation Rate measures the change in prices of a basket of goods and services within the eurozone, explicitly reflecting the purchasing power of the euro and the cost of living for consumers. This indicator is primarily focused on inflation rates, assessing components such as consumer prices, core inflation (excluding food and energy), and the overall impact on economic stability.

Frequency

The Euro Area Inflation Rate is released monthly, with the final figure typically available around the middle of the following month, following preliminary results.

Why Do Traders Care?

Traders pay close attention to the inflation rate as it directly influences the European Central Bank's (ECB) monetary policy decisions, which can impact interest rates, currency values (especially the euro), and overall market sentiment. Higher-than-expected inflation may lead to bullish conditions in equities while supporting the strengthening of the euro, while weaker inflation could have the opposite effect.

What Is It Derived From?

The inflation rate is derived from the Harmonized Index of Consumer Prices (HICP), which is calculated based on a survey of consumer prices across various categories, including food, transportation, and services. The data collection involves a standardized methodology across eurozone member states, ensuring a consistent approach in measuring price changes.

Description

The Euro Area Inflation Rate is reported as a Year-over-Year (YoY) percentage change, providing insight into long-term price trends and mitigating seasonal fluctuations in consumer spending. This reporting method is preferred as it offers a clearer view of inflationary pressures over time, which is crucial for economic decision-making and analysis.

Additional Notes

This inflation rate acts as a coincident economic indicator, reflecting the current economic conditions and assisting in economic forecasting. It is often compared to national inflation rates within eurozone countries and serves as a key component in understanding broader economic dynamics in the region.

Bullish or Bearish for Currency and Stocks

Higher than expected: Bullish for Euro, Bearish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number	Better than forecast for the currency (or previous revise better)
Red Number	Worse than forecast for the currency (or previous revise better)
Hawkish	Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish	Favors lower rates to boost growth, weakening the currency but lifting stocks.

Date	Actual	Forecast	Previous	Surprise
May 19, 2025	0.6%	0.6%	0.6%
Apr 16, 2025	0.6%	0.6%	0.4%
Mar 19, 2025	0.4%	0.5%	-0.3%	-0.1%
Feb 24, 2025	-0.3%	-0.3%	0.4%
Jan 17, 2025	0.4%	0.4%	-0.3%
Dec 18, 2024	-0.3%	-0.3%	0.3%
Nov 19, 2024	0.3%	0.3%	-0.1%
Oct 17, 2024	-0.1%	-0.1%	0.1%
Sep 18, 2024	0.1%	0.2%	0%	-0.1%
Aug 20, 2024	0%	0%	0.2%
Jul 17, 2024	0.2%	0.2%	0.2%
Jun 18, 2024	0.2%	0.2%	0.6%
May 17, 2024	0.6%	0.6%	0.8%
Apr 17, 2024	0.8%	0.8%	0.6%
Mar 18, 2024	0.6%	0.6%	-0.4%
Feb 22, 2024	-0.4%	-0.4%	0.2%
Jan 17, 2024	0.2%	0.2%	-0.6%
Dec 19, 2023	-0.6%	-0.5%	0.1%	-0.1%
Nov 17, 2023	0.1%	0.1%	0.3%
Oct 18, 2023	0.3%	0.3%	0.5%
Sep 19, 2023	0.5%	0.6%	-0.1%	-0.1%
Aug 18, 2023	-0.1%	-0.1%	0.3%
Jul 19, 2023	0.3%	0.3%	0%
Jun 16, 2023	0%	0%	0.6%
May 17, 2023	0.6%	0.7%	0.9%	-0.1%
Apr 19, 2023	0.9%	0.9%	0.8%
Mar 17, 2023	0.8%	0.8%	-0.2%
Feb 23, 2023	-0.2%	-0.2%	-0.4%
Jan 18, 2023	-0.4%	-0.3%	-0.1%	-0.1%
Dec 16, 2022	-0.1%	-0.1%	1.5%
Nov 17, 2022	1.5%	1.5%	1.2%
Oct 19, 2022	1.2%	1.2%	0.6%
Sep 16, 2022	0.6%	0.5%	0.1%	0.1%
Aug 18, 2022	0.1%	0.1%	0.8%
Jul 19, 2022	0.8%	0.8%	0.8%
Jun 17, 2022	0.8%	0.8%	0.6%
May 18, 2022	0.6%	0.6%	2.4%
Apr 21, 2022	2.4%	2.5%	0.9%	-0.1%
Mar 17, 2022	0.9%	0.9%	0.3%
Feb 23, 2022	0.3%	0.3%	0.4%
Jan 20, 2022	0.4%	0.4%	0.4%
Dec 17, 2021	0.4%	0.5%	0.8%	-0.1%
Nov 17, 2021	0.8%	0.8%	0.5%
Oct 20, 2021	0.5%	0.5%	0.4%
Sep 17, 2021	0.4%	0.4%	-0.1%
Aug 18, 2021	-0.1%	-0.1%	0.3%
Jul 16, 2021	0.3%	0.3%	0.3%
Jun 17, 2021	0.3%	0.3%	0.6%
May 19, 2021	0.6%	0.6%	0.9%
Apr 16, 2021	0.9%	0.9%	0.2%
Mar 17, 2021	0.2%	0.2%	0.2%
Feb 23, 2021	0.2%	0.2%	0.3%
Jan 20, 2021	0.3%	0.3%	-0.3%
Dec 17, 2020	-0.3%	-0.3%	0.2%
Nov 18, 2020	0.2%	0.2%	0.1%
Oct 16, 2020	0.1%	0.1%	-0.4%
Sep 17, 2020	-0.4%	-0.4%	-0.4%
Aug 19, 2020	-0.4%	-0.3%	0.3%	-0.1%
Jul 17, 2020	0.3%	0.3%	-0.1%
Jun 17, 2020	-0.1%	-0.1%	0.3%
May 20, 2020	0.3%	0.3%	0.5%
Apr 17, 2020	0.5%	0.5%	0.2%
Mar 18, 2020	0.2%	0.2%	-1%
May 19, 2015	0.2%	0.2%	1.1%