The Consumer Price Index In the Euro Area decreased 0.30 percent in July of 2020 over the previous month.
Inflation Rate Mom in the Euro Area averaged 0.16 percent from 1990 until 2020, reaching an all time high of 1.30 percent in March of 2011 and a record low of -1.50 percent in January of 2015. This page provides the latest reported value for - Euro Area Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Inflation Rate MoM - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: Eurostat
Inflation Rate Mom in Euro Area is expected to be -0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate Mom in Euro Area to stand at 0.30 in 12 months time. In the long-term, the Euro Area Inflation Rate MoM is projected to trend around 0.50 percent in 2021 and 0.60 percent in 2022, according to our econometric models.