Euro Area Inflation Rate (HICP)

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.

Actual
1.4%
May 2017
Forecast
1.5%
The market consensus
Previous
1.9%
As the source gives it

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.

Euro Area Inflation Rate (HICP) 31 May 2017: 1.4% for May 2017 against a 1.5% 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 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

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
31 May 2017May1.4%1.5%1.9%
28 Apr 2017Apr1.9%1.8%1.5%
31 Mar 2017Mar1.5%1.8%2%
2 Mar 2017Feb2%2%1.8%
31 Jan 2017Jan1.8%1.6%1.1%
4 Jan 2017Dec1.1%1.4%0.6%
30 Nov 2016Nov0.6%0.6%0.5%
31 Oct 2016Oct0.5%0.5%0.4%
30 Sep 2016Sep0.4%0.4%0.2%
31 Aug 2016Aug0.2%0.3%0.2%
29 Jul 2016Jul0.2%0.1%0.1%
30 Jun 2016Jun0.1%0%-0.1%