Forex Fundamentals
Euro Area Inflation Rate (HICP)

Euro Area Inflation Rate (HICP) 31 May 2022

Euro Area Inflation Rate (HICP) 31 May 2022: 8.1% for May 2022, above the 7.7% forecast and against 7.4% in April 2022 (first reported as 7.5%). It is the highest of the last 12 releases. 10 of the last 12 releases came in above the forecast. Printed 8.1%, above the 2% target. It was released on Tue 31 May 2022 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
8.1%
May 2022
Forecast
7.7%
The market consensus
Previous
7.4%
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) 31 May 2022: 8.1% for May 2022 against a 7.7% forecast, with the last 12 releases
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Euro Area Inflation Rate (HICP) 31 May 2022: 8.1% vs 7.7% forecast (EUROSTAT). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/eur-cpi/2022-05-31

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
31 May 2022May8.1%7.7%7.4%
29 Apr 2022Apr7.5%7.5%7.4%
1 Apr 2022Mar7.5%6.6%5.9%
2 Mar 2022Feb5.8%5.4%5.1%
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%
The release before:Euro Area Inflation Rate (HICP) 29 April 2022The release after:Euro Area Inflation Rate (HICP) 1 July 2022Euro Area Inflation Rate (HICP): every recent resultThis week’s economic calendar