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Eurozone Inflation - Consumer Price Index (HICP) - Monthly
EU Inflation (HICP)
rose
to 0.7% in Mar, up from 0.6% in Feb & the highest in 12 mos
Released:
17-Apr-24
| Next Release:
17-May-24
Mar 2024
0.7%
Feb 2024
0.6%
Change
0.1%
1 Year
3 Years
5 Years
The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability for the European Central Bank (ECB).
View Full Release from Eurostat
Source: Eurostat
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Date
Value
01-Feb-2019
0.015
01-Mar-2019
0.014
01-Apr-2019
0.017
01-May-2019
0.012
01-Jun-2019
0.013
01-Jul-2019
0.01
01-Aug-2019
0.01
01-Sep-2019
0.008
01-Oct-2019
0.007
01-Nov-2019
0.01
01-Dec-2019
0.013
01-Jan-2020
0.014
01-Feb-2020
0.012
01-Mar-2020
0.007
01-Apr-2020
0.003
01-May-2020
0.001
01-Jun-2020
0.003
01-Jul-2020
0.004
01-Aug-2020
-0.002
01-Sep-2020
-0.003
01-Oct-2020
-0.003
01-Nov-2020
-0.003
01-Dec-2020
-0.003
01-Jan-2021
0.002
01-Feb-2021
0.002
01-Mar-2021
0.009
01-Apr-2021
0.006
01-May-2021
0.003
01-Jun-2021
0.003
01-Jul-2021
-0.001
01-Aug-2021
0.004
01-Sep-2021
0.005
01-Oct-2021
0.008
01-Nov-2021
0.004
01-Dec-2021
0.004
01-Jan-2022
0.003
01-Feb-2022
0.009
01-Mar-2022
0.024
01-Apr-2022
0.006
01-May-2022
0.008
01-Jun-2022
0.008
01-Jul-2022
0.001
01-Aug-2022
0.006
01-Sep-2022
0.012
01-Oct-2022
0.015
01-Nov-2022
-0.001
01-Dec-2022
-0.004
01-Jan-2023
-0.002
01-Feb-2023
0.008
01-Mar-2023
0.009
01-Apr-2023
0.006
01-May-2023
0
01-Jun-2023
0.003
01-Jul-2023
0
01-Aug-2023
0.005
01-Sep-2023
0.003
01-Oct-2023
0.001
01-Nov-2023
-0.004
01-Dec-2023
0.001
01-Jan-2024
-0.002
01-Feb-2024
0.006
01-Mar-2024
0.007
Eurozone Inflation - Consumer Price Index (HICP) - Monthly
Data Series Details
Last File Update:
17-Apr-2024
Frequency:
Monthly
Start Date:
01-Feb-2019
End Date:
01-Mar-2024
Length:
5 years
# of Records:
62
Data Download
CSV
Eurozone Inflation - Consumer Price Index (HICP) - Monthly
The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability for the European Central Bank (ECB). It is a consumer price index which is compiled according to a methodology that has been harmonised across EU countries. The euro area HICP is a weighted average of price indices of member states who have adopted the euro. The primary goal of the ECB is to maintain price stability, defined as keeping the year on year increase HICP below but close to 2% for the medium term. In order to do that, the ECB can control the short-term interest rate through Eonia, the European overnight index average, which affects market expectations. The HICP is also used to assess the convergence criteria on inflation which countries must fulfill in order to adopt the euro. In the United Kingdom, the HICP is called the CPI and is used to set the inflation target of the Bank of England.
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