Forex Fundamentals
Euro Area Inflation Rate (HICP)

Euro Area Inflation Rate (HICP) 1 June 2023

Euro Area Inflation Rate (HICP) 1 June 2023: 6.1% for May 2023, below the 6.3% forecast and down from 7% in April 2023. It is the lowest of the last 12 releases. 5 of the last 12 releases came in below the forecast. Printed 6.1%, above the 2% target. It was released on Thu 1 Jun 2023 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
6.1%
May 2023
Forecast
6.3%
The market consensus
Previous
7%
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) 1 June 2023: 6.1% for May 2023 against a 6.3% forecast, with the last 12 releases
Sharing this? Please link to this page as the source.Download the chart

Cite this release

If you cite this release, please link to this page:

Euro Area Inflation Rate (HICP) 1 June 2023: 6.1% vs 6.3% forecast (EUROSTAT). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/eur-cpi/2023-06-01

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
1 Jun 2023May6.1%6.3%7%
2 May 2023Apr7%7%6.9%
31 Mar 2023Mar6.9%7.1%8.5%
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%
The release before:Euro Area Inflation Rate (HICP) 2 May 2023The release after:Euro Area Inflation Rate (HICP) 30 June 2023Euro Area Inflation Rate (HICP): every recent resultThis week’s economic calendar