Forex Fundamentals
Euro Area Inflation Rate (HICP)

Euro Area Inflation Rate (HICP) 2 March 2023

Euro Area Inflation Rate (HICP) 2 March 2023: 8.5% for February 2023, above the 8.2% forecast and against 8.6% in January 2023 (first reported as 8.5%). 8 of the last 12 releases came in above the forecast. Printed 8.5%, above the 2% target. It was released on Thu 2 Mar 2023 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
8.5%
February 2023
Forecast
8.2%
The market consensus
Previous
8.6%
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 March 2023: 8.5% for February 2023 against a 8.2% forecast, with the last 12 releases
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Euro Area Inflation Rate (HICP) 2 March 2023: 8.5% vs 8.2% forecast (EUROSTAT). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/eur-cpi/2023-03-02

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
2 Mar 2023Feb8.5%8.2%8.6%
1 Feb 2023Jan8.5%9%9.2%
6 Jan 2023Dec9.2%9.7%10.1%
30 Nov 2022Nov10%10.4%10.6%
31 Oct 2022Oct10.7%10.2%9.9%
30 Sep 2022Sep10%9.7%9.1%
31 Aug 2022Aug9.1%9%8.9%
29 Jul 2022Jul8.9%8.6%8.6%
1 Jul 2022Jun8.6%8.4%8.1%
31 May 2022May8.1%7.7%7.4%
29 Apr 2022Apr7.5%7.5%7.4%
1 Apr 2022Mar7.5%6.6%5.9%
The release before:Euro Area Inflation Rate (HICP) 1 February 2023The release after:Euro Area Inflation Rate (HICP) 31 March 2023Euro Area Inflation Rate (HICP): every recent resultThis week’s economic calendar