Core CPI Flash Estimate YoY
Euro Zone · next release date not yet on the live calendar
No verified figures for this release right now — the consensus forecast and previous reading appear here whenever this event is on the current week's live calendar. We do not show placeholder numbers.
What it is
Eurostat's flash estimate of core inflation measures the annual change in the euro-area Harmonised Index of Consumer Prices (HICP) excluding energy, food, alcohol and tobacco, to show the underlying price trend. It is published around the end of the reference month or in the first working days of the following month, ahead of the final HICP release about two weeks later.
Why it matters to traders
Core inflation removes the most volatile price components, so traders and ECB watchers use it to judge how persistent underlying euro-area inflation is, alongside the headline HICP figure the ECB's 2% target is defined on. A reading above expectations tends to support the euro and push Bund yields higher as markets price a tighter ECB path, while a softer reading tends to do the opposite. The surprise relative to the forecast usually matters more than the level itself.
Next scheduled release
Next date not yet on our live calendar
Core CPI Flash Estimate YoY is not on the current week's live calendar, and we don't hold a verified forward schedule for it — so no date is shown rather than an estimated one. It appears on the FXMARE economic calendar with a live countdown as soon as the release is published to the feed.
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