Euro Area Inflation Rate (HICP) 1 December 2026
Euro Area Inflation Rate (HICP) 1 December 2026: the November 2026 figure is due at 10:00 UTC. The last release came in at 4.0% for October 2026 against a forecast of 4%. Of the last 12 releases, 4 came in above the forecast and 2 below it.
These figures were verified on 30 Sep 2026 from the source: EUROSTAT. This page reports the release as published: the figures and what a print like it usually does to the currency.
What a surprise 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.
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.
In line with the forecast: An in-line flash reading usually leaves the euro little changed, unless the components or core figure surprise.
