Forex Fundamentals
Euro Area Inflation Rate (HICP)

Euro Area Inflation Rate (HICP) 2 February 2022

Euro Area Inflation Rate (HICP) 2 February 2022: 5.1% for January 2022, above the 4.4% forecast and up from 5% in December 2021. It is the highest of the last 12 releases. It is the seventh release in a row above the forecast. Printed 5.1%, above the 2% target. It was released on Wed 2 Feb 2022 at 10:00 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
5.1%
January 2022
Forecast
4.4%
The market consensus
Previous
5%
As the source gives it

What a print like this usually does

Above the forecast: A clear beat, particularly if inflation remains above 2% or re-accelerates, usually supports the euro through higher expected ECB rates. A broad, persistent surprise can have a strong effect.

Euro Area Inflation Rate (HICP) 2 February 2022: 5.1% for January 2022 against a 4.4% forecast, with the last 12 releases
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Cite this release

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Euro Area Inflation Rate (HICP) 2 February 2022: 5.1% vs 4.4% forecast (EUROSTAT). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/eur-cpi/2022-02-02

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
2 Feb 2022Jan5.1%4.4%5%
7 Jan 2022Dec5%4.7%4.9%
30 Nov 2021Nov4.9%4.5%4.1%
29 Oct 2021Oct4.1%3.7%3.4%
1 Oct 2021Sep3.4%3.3%3%
31 Aug 2021Aug3%2.7%2.2%
30 Jul 2021Jul2.2%2%1.9%
30 Jun 2021Jun1.9%1.9%2%
1 Jun 2021May2%1.9%1.6%
30 Apr 2021Apr1.6%1.6%1.3%
31 Mar 2021Mar1.3%1.3%0.9%
2 Mar 2021Feb0.9%0.9%0.9%
The release before:Euro Area Inflation Rate (HICP) 7 January 2022The release after:Euro Area Inflation Rate (HICP) 2 March 2022Euro Area Inflation Rate (HICP): every recent resultThis week’s economic calendar