The core inflation rate in the Eurozone, which excludes food, energy, and tobacco products, eased to 2.4% in August of 2026 from 2.5% in the previous month. The softening indicated that the surge in natural gas and fuel prices since March has undergone a softer risk of becoming entrenched in other sectors of the economy. source: EUROSTAT

Core consumer prices In the Euro Area increased 2.40 percent in August of 2026 over the same month in the previous year. Core Inflation Rate in Euro Area averaged 1.94 percent from 1991 until 2026, 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. This page provides the latest reported value for - Euro Area Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Core Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2026.

Core consumer prices In the Euro Area increased 2.40 percent in August of 2026 over the same month in the previous year. 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 2.80 percent in 2027 and 2.40 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-01 09:00 AM
Core Inflation Rate YoY Flash
Aug 2.4% 2.5% 2.5% 2.6%
2026-09-17 09:00 AM
Core Inflation Rate YoY Final
Aug 2.4% 2.5% 2.4% 2.4%
2026-10-02 09:00 AM
Core Inflation Rate YoY Flash
Sep 2.4% 2.5%


Related Last Previous Unit Reference
CPI 103.69 103.24 points Aug 2026
Core Consumer Prices 103.06 102.84 points Aug 2026
Core Inflation Rate YoY 2.40 2.50 percent Aug 2026
CPI Clothing and Footwear 92.94 91.48 points Aug 2026
CPI Education 103.19 103.01 points Aug 2026
CPI Food and Non-Alcoholic Beverages 101.15 101.19 points Aug 2026
CPI Housing Utilities 104.19 103.70 points Aug 2026
CPI Recreation and Culture 104.24 103.92 points Aug 2026
CPI Restaurants and Hotels 106.58 106.36 points Aug 2026
CPI Transportation 108.71 107.41 points Aug 2026
Food Inflation 0.70 0.80 percent Aug 2026
GDP Deflator 122.77 122.04 points Jun 2026
Import Prices 117.90 117.70 points Jul 2026
Consumer Inflation Expectations 3Y 2.90 2.70 percent Aug 2026
Consumer Inflation Expectations 5Y 2.50 2.40 percent Aug 2026
Inflation Rate YoY 3.20 2.90 percent Aug 2026
Inflation Rate MoM 0.40 0.20 percent Aug 2026
Producer Prices 131.80 129.70 points Jul 2026
PPI YoY 5.80 4.60 percent Jul 2026


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
2.40 2.50 5.70 0.20 1991 - 2026 percent Monthly
2015=100

News Stream
Eurozone Core Inflation Confirmed at 2.2%
The core consumer inflation rate in the Euro Area, which excludes energy, food, alcohol, and tobacco, dropped to 2.2% in April of 2026 from 2.3% in the previous month, consistent with the preliminary estimate and below the initial market expectations of 2.3%. Along with January of this year, the result reflected the lowest core inflation rate since the Russian invasion of Ukraine in 2022, which triggered an energy crisis that lifted prices through core sectors of the European economy. From the previous month, core consumer prices rose 0.9%.
2026-05-20
Eurozone Core Inflation Falls to 4-Year Low
The annual core inflation rate in the Euro Area, which excludes prices of food, energy, and tobacco, fell to 2.2% in January of 2026 from 2.3% in the earlier month, according to a flash estimate. The gauge measured the lowest increase in core prices since October of 2021, before the Russian war in Ukraine shocked the supply of European energy and triggered record-setting inflation in the currency block.
2026-02-04
Eurozone Core Inflation Rate Confirmed at 2.3%
The annual core inflation rate in the Euro Area, which excludes prices of food, energy, and tobacco, was at a four-month low of 2.3% in December 2025, matching the preliminary reading, down slightly from November's 2.4%. From the previous month, the core consumer price index rose by 0.3% in December, in line with the earlier estimate, after a 0.5% decrease in November. In the broader EU, core inflation also eased to a four-month low of 2.5%, from November's 2.6%.
2026-01-19