Euro Area: Core CPI

Macro

2026-10-16

Description

-

Published by
Eurostat (Choice)
Frequency
Monthly
Next Update

AI Data Insight

In Q3 2026 (August), the Eurozone core CPI index reached 103.07, showing a slight increase from the previous value of 102.84. However, benefiting from a cooling service sector, the annual core inflation rate slightly dropped to 2.4%, slightly lower than market expectations. Nevertheless, surging energy prices triggered by the Middle East conflict pushed headline inflation to a three-year high, leading to strong market expectations that the European Central Bank will resume rate hikes in September.

AI Data Insight

In Q3 2026 (August), the Eurozone core CPI index reached 103.07, showing a slight increase from the previous value of 102.84. However, benefiting from a cooling service sector, the annual core inflation rate slightly dropped to 2.4%, slightly lower than market expectations. Nevertheless, surging energy prices triggered by the Middle East conflict pushed headline inflation to a three-year high, leading to strong market expectations that the European Central Bank will resume rate hikes in September.

Description

-

Published by
Eurostat (Choice)
Frequency
Monthly
Next Update