Core consumer prices In the Euro Area increased 0.70 percent in July of 2021 over the same month in the previous year, preliminary estimates showed. Core inflation slowed from 0.9 percent in June and came lower than market forecasts of 0.8 percent. source: EUROSTAT
Core Inflation Rate in the Euro Area averaged 1.35 percent from 1997 until 2021, reaching an all time high of 2.60 percent in March of 2002 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 July of 2021.
Core Inflation Rate in Euro Area is expected to be 1.40 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 1.60 percent in 2022 and 1.80 percent in 2023, according to our econometric models.