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Euro Area Core Inflation Rate
Last Release
Aug 31, 2025
Actual
2.3
Units In
%
Previous
2.3
Frequency
Monthly
Next Release
Oct 01, 2025
Time to Release
27 Days 11 Hours
Highest | Lowest | Average | Date Range | Source |
5.7 Mar 2023 | 0.2 Sep 2020 | 1.66 % | 1997-2025 | Eurostat |
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.
Latest Updates
The annual core inflation rate in the Euro Area, which excludes prices for energy, food, alcohol, and tobacco, was at 2.3% for the fourth consecutive time in August of 2025, according to a preliminary estimate. The result was marginally ahead of market expectations that it would ease to 2.2%. Despite remaining at the lowest level since October 2021, the lack of a slowdown could fragment opinions of monetary policy response between dovish and hawkish members of the ECB Governing Council, with current expectations loosely split between a rate cut this year.
Euro Area Core Inflation Rate History
Last 12 readings
