Euro Area Inflation Rate (HICP) 31 May 2017
Euro Area Inflation Rate (HICP) 31 May 2017: 1.4% for May 2017, below the 1.5% forecast and down from 1.9% in April 2017. It is the lowest reading since December 2016. 4 of the last 12 releases came in below the forecast. Printed 1.4%, below the 2% target. It was released on Wed 31 May 2017 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.
What a print like this usually does
Below the forecast: A clear miss or continued progress toward 2% usually weighs on the euro as markets price more scope for cuts. The reaction is strongest when core inflation also cools.

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Euro Area Inflation Rate (HICP) 31 May 2017: 1.4% vs 1.5% forecast (EUROSTAT). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/eur-cpi/2017-05-31