Forex Fundamentals
Euro Area Core Inflation Rate

Euro Area Core Inflation Rate 31 July 2023

Euro Area Core Inflation Rate 31 July 2023: 5.5% for July 2023, above the 5.4% forecast and against 5.5% in June 2023 (first reported as 5.4%). It is the highest reading since April 2023. 7 of the last 12 releases came in above the forecast. It was released on Mon 31 Jul 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
5.5%
July 2023
Forecast
5.4%
The market consensus
Previous
5.5%
As the source gives it

What a print like this usually does

Above the forecast: A clear beat, especially if core inflation stays well above 2% or rises, usually supports the euro as markets price a firmer ECB path. The reaction can be strong when the surprise is broad-based.

Euro Area Core Inflation Rate 31 July 2023: 5.5% for July 2023 against a 5.4% 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 31 July 2023: 5.5% vs 5.4% forecast (EUROSTAT). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/eur-core-cpi/2023-07-31

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
31 Jul 2023Jul5.5%5.4%5.5%
30 Jun 2023Jun5.4%5.5%5.3%
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%
The release before:Euro Area Core Inflation Rate 30 June 2023The release after:Euro Area Core Inflation Rate 31 August 2023Euro Area Core Inflation Rate: every recent resultThis week’s economic calendar