The Consumer Price Index in the Euro Area rose 0.8% mom in May of 2022, above 0.6% in April and in inline with preliminary estimates. Cost of energy (1.9%) and food, alcohol and tobacco (1.3%) recorded the biggest increases. source: EUROSTAT
Inflation Rate Mom in the Euro Area averaged 0.18 percent from 1990 until 2022, reaching an all time high of 2.40 percent in March of 2022 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 June of 2022.
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. In the long-term, the Euro Area Inflation Rate MoM is projected to trend around 0.50 percent in 2023 and 0.40 percent in 2024, according to our econometric models.