Forex Fundamentals
Euro Area Core Inflation Rate

Euro Area Core Inflation Rate 1 June 2023

Euro Area Core Inflation Rate 1 June 2023: 5.3% for May 2023, below the 5.5% forecast and down from 5.6% in April 2023. It is the lowest reading since January 2023. It is the second release in a row below the forecast. It was released on Thu 1 Jun 2023 at 09:00 UTC.

These figures were verified on 4 Oct 2026 from the source: EUROSTAT. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
5.3%
May 2023
Forecast
5.5%
The market consensus
Previous
5.6%
As the source gives it

What a print like this usually does

Below the forecast: A clear miss or continued easing toward 2% usually weighs on the euro as traders see more room for ECB cuts. The effect can be strong if services or other underlying prices also cool.

Euro Area Core Inflation Rate 1 June 2023: 5.3% for May 2023 against a 5.5% forecast, with the last 12 releases
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Cite this release

If you cite this release, please link to this page:

Euro Area Core Inflation Rate 1 June 2023: 5.3% vs 5.5% forecast (EUROSTAT). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/eur-core-cpi/2023-06-01

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
1 Jun 2023May5.3%5.5%5.6%
2 May 2023Apr5.6%5.7%5.7%
31 Mar 2023Mar5.7%5.7%5.6%
2 Mar 2023Feb5.6%5.3%5.3%
1 Feb 2023Jan5.2%5.1%5.2%
6 Jan 2023Dec5.2%5%5%
30 Nov 2022Nov5%5%5%
31 Oct 2022Oct5%4.9%4.8%
30 Sep 2022Sep4.8%4.7%4.3%
31 Aug 2022Aug4.3%4.1%4%
29 Jul 2022Jul4%3.8%3.7%
1 Jul 2022Jun3.7%3.9%3.8%
The release before:Euro Area Core Inflation Rate 2 May 2023The release after:Euro Area Core Inflation Rate 30 June 2023Euro Area Core Inflation Rate: every recent resultThis week’s economic calendar