EZ CPI Flash Estimate y/y
Consumer prices account for a majority of overall inflation. Inflation is important because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate;
Eurostat bases this estimate on energy prices and 13 euro area member states that report early CPI data. There are 2 versions of this report released about two weeks apart – Flash and Final. The Final is not reported for lack of significance;
- EZ CPI Flash Estimate y/y Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Jul 2, 2024 | 2.5% | 2.5% | 2.6% |
May 31, 2024 | 2.6% | 2.5% | 2.4% |
Apr 30, 2024 | 2.4% | 2.4% | 2.4% |
Apr 3, 2024 | 2.4% | 2.5% | 2.6% |
Mar 1, 2024 | 2.6% | 2.5% | 2.8% |
Feb 1, 2024 | 2.8% | 2.7% | 2.9% |
Jan 5, 2024 | 2.9% | 3.0% | 2.4% |
Nov 30, 2023 | 2.4% | 2.7% | 2.9% |
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- EZ CPI Flash Estimate y/y News
Headline inflation in the euro area dipped to 2.5% in June, the European Union’s statistics agency said Tuesday, while the closely watched core and services prints held steady. The headline figure was in line with the expectations of economists polled by Reuters. In May, inflation had nudged 0.2 percentage point higher, to 2.6%. Core inflation, excluding the volatile effects of energy, food, alcohol and tobacco, stayed at 2.9% from the prior month, narrowly missing the 2.8% economists had forecast. The rate of price rises in services ...
Euro area annual inflation is expected to be 2.5% in June 2024, down from 2.6% in May according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro area inflation, services is expected to have the highest annual rate in June (4.1%, stable compared with May), followed by food, alcohol & tobacco (2.5%, compared with 2.6% in May), non-energy industrial goods (0.7%, stable compared with May) and energy (0.2%, compared with 0.3% in May).The euro area inflation flash ...
Inflation in the euro zone rose to 2.6% in May, statistics agency Eurostat said Friday, but a higher-than-expected print did not sway market bets of an interest rate cut from the European Central Bank next week. Economists polled by Reuters had forecast a 0.1 percentage point increase from April’s headline figure of 2.4%. Core inflation, excluding the volatile effects of energy, food, alcohol and tobacco, increased to 2.9% from 2.7% in April. A Reuters poll of economists had projected a flat reading. The data comes with the ECB ...
Euro area annual inflation is expected to be 2.6% in May 2024, up from 2.4% in April according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro area inflation, services is expected to have the highest annual rate in May (4.1%, compared with 3.7% in April), followed by food, alcohol & tobacco (2.6%, compared with 2.8% in April), non-energy industrial goods (0.8%, compared with 0.9% in April) and energy (0.3%, compared with -0.6% in April).
Euro area annual inflation is expected to be 2.4% in April 2024, stable compared to March according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro area inflation, services is expected to have the highest annual rate in April (3.7%, compared with 4.0% in March), followed by food, alcohol & tobacco (2.8%, compared with 2.6% in March), non-energy industrial goods (0.9%, compared with 1.1% in March) and energy (-0.6%, compared with -1.8% in March).
Euro area annual inflation is expected to be 2.4% in March 2024, down from 2.6% in February according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro area inflation, services is expected to have the highest annual rate in March (4.0%, stable compared with February), followed by food, alcohol & tobacco (2.7%, compared with 3.9% in February), non-energy industrial goods (1.1%, compared with 1.6% in February) and energy (-1.8%, compared with -3.7% in February).
Housing has become a global obsession and like any obsession this carries unwanted side effects. This didn’t just happen overnight as this mania has been building to a crescendo over many years and presenting profound dilemmas to governments and central banks. There isn’t enough of it, or we over stimulate its demand. It’s a source of good jobs and major part of household wealth, but constantly seeking to stimulate its demand carries consequences that may be incongruent to achieving progress on other fronts. The housing beast sucks ...
Inflation in the 20-nation euro zone eased to 2.6% in February, flash figures showed on Friday, but both the headline and core figures were higher than expected. Economists polled by Reuters had forecast a headline reading of 2.5%. Core inflation, stripping out volatile components of energy, food, alcohol and tobacco, was 3.1% — above the 2.9% expected. The European Union statistics agency said food, alcohol and tobacco had the highest inflation rate in February at 4%, followed by services at 3.9%. Energy prices, which had swollen ...
Released on Jul 2, 2024 |
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Released on May 31, 2024 |
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Released on Apr 30, 2024 |
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Released on Apr 3, 2024 |
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Released on Mar 1, 2024 |
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