Forex Fundamentals
Euro Area Inflation Rate (HICP)

Euro Area Inflation Rate (HICP) 31 August 2023

Euro Area Inflation Rate (HICP) 31 August 2023: 5.3% for August 2023, above the 5.1% forecast and unchanged from 5.3% in July 2023. 4 of the last 12 releases came in above the forecast. Printed 5.3%, above the 2% target. It was released on Thu 31 Aug 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
5.3%
August 2023
Forecast
5.1%
The market consensus
Previous
5.3%
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 August 2023: 5.3% for August 2023 against a 5.1% forecast, with the last 12 releases
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Euro Area Inflation Rate (HICP) 31 August 2023: 5.3% vs 5.1% forecast (EUROSTAT). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/eur-cpi/2023-08-31

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
31 Aug 2023Aug5.3%5.1%5.3%
31 Jul 2023Jul5.3%5.3%5.5%
30 Jun 2023Jun5.5%5.6%6.1%
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%
The release before:Euro Area Inflation Rate (HICP) 31 July 2023The release after:Euro Area Inflation Rate (HICP) 29 September 2023Euro Area Inflation Rate (HICP): every recent resultThis week’s economic calendar