Annual core inflation rate in the Euro Area was steady at near record high levels of 2.6% in December of 2021, matching preliminary figures. source: EUROSTAT

Core Inflation Rate in the Euro Area averaged 1.37 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 January of 2022.

Core Inflation Rate in Euro Area is expected to be 2.50 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 1.40 percent in 2023, according to our econometric models.

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Euro Area Core Inflation Rate

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
2.60 2.60 2.60 0.20 1997 - 2021 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2022-01-07 10:00 AM Core Inflation Rate YoY Flash Dec 2.6% 2.6% 2.5% 2.8%
2022-01-20 10:00 AM Core Inflation Rate YoY Final Dec 2.6% 2.6% 2.6% 2.6%
2022-02-02 10:00 AM Core Inflation Rate YoY Flash Jan 2.6% 2.7%

Related Last Previous Unit Reference
Inflation Rate 5.00 4.90 percent Dec/21
Inflation Rate Mom 0.40 0.40 percent Dec/21
Consumer Price Index CPI 110.37 109.90 points Dec/21
Core Inflation Rate 2.60 2.60 percent Dec/21
Core Consumer Prices 107.68 107.26 points Dec/21
GDP Deflator 108.27 108.10 points Jun/21
Producer Prices 126.70 124.50 points Nov/21
Producer Prices Change 23.70 21.90 percent Nov/21
Import Prices 109.40 108.50 points Nov/21
Food Inflation 3.50 2.20 percent Dec/21
CPI Transportation 114.71 114.91 points Dec/21
CPI Housing Utilities 114.81 113.77 points Dec/21