Core consumer prices In the Euro Area increased 2.70 percent in December of 2024 over the same month in the previous year. Core Inflation Rate in Euro Area averaged 1.92 percent from 1991 until 2024, 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. source: EUROSTAT

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 1.90 percent in 2026, according to our econometric models.




Calendar GMT Reference Actual Previous Consensus TEForecast
2024-12-18 10:00 AM Core Inflation Rate YoY Final Nov 2.7% 2.7% 2.7% 2.7%
2025-01-07 10:00 AM Core Inflation Rate YoY Flash Dec 2.7% 2.7% 2.7% 2.7%
2025-01-17 10:00 AM Core Inflation Rate YoY Final Dec 2.7% 2.8% 2.8%


Related Last Previous Unit Reference
CPI 127.08 126.62 points Dec 2024
Core Consumer Prices 120.32 119.78 points Dec 2024
Core Inflation Rate YoY 2.70 2.70 percent Dec 2024
CPI Housing Utilities 133.09 132.72 points Nov 2024
CPI Transportation 125.78 126.38 points Nov 2024
Food Inflation 2.00 2.20 percent Nov 2024
GDP Deflator 125.80 125.12 points Sep 2024
Import Prices 112.90 112.20 points Oct 2024
Inflation Rate YoY 2.40 2.20 percent Dec 2024
Inflation Rate MoM 0.40 -0.30 percent Dec 2024
Producer Prices 126.70 124.70 points Nov 2024
PPI YoY -1.20 -3.30 percent Nov 2024

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
2.70 2.70 5.70 0.20 1991 - 2024 percent Monthly
2015=100


News Stream
Euro Area Core Inflation Rate Confirmed at 5-Month Low
The annual core inflation rate in the Euro Area, which excludes prices for energy, food, alcohol and tobacco was confirmed at 2.7% in November 2024, the lowest in five months, unchanged from October and September. On a monthly basis, core consumer prices fell by 0.6% in November, in line with the preliminary estimate, following a 0.2% rise in the prior month.
2024-12-18
Euro Area Core Inflation Rate Confirmed at 5-Month Low of 2.7%
The core inflation rate in the Euro Area, which excludes prices for energy, food, alcohol and tobacco eased to a five-month low of 2.7% in September 2024, matching the preliminary estimate, down from 2.8% in August. On a monthly basis, core consumer prices rose by 0.1% in September, also in line with an earlier reading, following a 0.3% increase in the prior month.
2024-10-17
Eurozone Core Inflation Slightly Above Forecasts
The annual core inflation rate in the Euro Area, excluding volatile items such as energy, food, alcohol & tobacco, remained steady in July 2024 for the third consecutive month, while analysts had expected it to ease to 2.8%, preliminary estimates showed. On a monthly basis, core consumer prices fell by 0.2% in July, after a 0.4% increase in the prior month.
2024-07-31