Harmonized Index of Consumer Prices (MoM)

HICP is an index of consumer prices calculated and published by Destatis, on the basis of a statistical methodology that has been harmonized across all EU member states. HICP is a measure of prices used by Governing Council of EU to define and assess price stability in the euro area as a whole in quantitative terms.

Most recent - Yesterday 12:00

Previous
0.4%
Forecast
0.4%
Actual
0.5%

Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.

Trading range

Forecast history

The most recent announced value for Harmonized Index of Consumer Prices (MoM) was 0.5% against a forecast of 0.4%.

Past events

Date
Forecast
Actual
Yesterday 12:00
0.4%
0.5%
11 April 2025 06:00
0.4%
0.4%
31 March 2025 12:00
-
0.4%
14 March 2025 07:00
0.6%
0.5%
28 February 2025 13:00
0.5%
0.6%
13 February 2025 07:00
-0.2%
-0.2%
31 January 2025 13:00
-0.2%
-0.2%
16 January 2025 07:00
0.7%
0.7%
6 January 2025 13:00
0.5%
0.7%
10 December 2024 07:00
-0.7%
-0.7%
28 November 2024 13:00
-0.5%
-0.7%
12 November 2024 07:00
0.4%
0.4%
30 October 2024 13:00
0.2%
0.4%
11 October 2024 06:00
-0.1%
-0.1%
30 September 2024 12:00
-
-0.1%
10 September 2024 06:00
-0.2%
-0.2%
29 August 2024 12:00
0%
-0.2%
9 August 2024 06:00
0.5%
0.5%
30 July 2024 12:00
0.2%
0.5%
11 July 2024 06:00
0.2%
0.2%
1 July 2024 12:00
0.2%
0.2%
12 June 2024 06:00
0.2%
0.2%
29 May 2024 12:00
0.2%
0.2%
14 May 2024 06:00
0.6%
0.6%
29 April 2024 12:00
0.6%
0.6%
12 April 2024 06:00
0.6%
0.6%
2 April 2024 12:00
0.7%
0.6%
12 March 2024 07:00
0.6%
0.6%
29 February 2024 13:00
0.6%
0.6%
9 February 2024 07:00
-0.2%
-0.2%
31 January 2024 13:00
-0.1%
-0.2%
16 January 2024 07:00
0.2%
0.2%
4 January 2024 13:00
0.3%
0.2%
8 December 2023 07:00
-0.7%
-0.7%
29 November 2023 13:00
-0.3%
-0.7%
8 November 2023 07:00
-0.2%
-0.2%
30 October 2023 13:00
0.1%
-0.2%
11 October 2023 06:00
0.2%
0.2%
28 September 2023 12:00
0.3%
0.2%
8 September 2023 06:00
0.4%
0.4%
30 August 2023 12:00
0.3%
0.4%
8 August 2023 06:00
0.5%
0.5%
28 July 2023 12:00
0.5%
0.5%
11 July 2023 06:00
0.4%
0.4%
29 June 2023 12:00
0.3%
0.4%
13 June 2023 06:00
-0.2%
-0.2%
31 May 2023 12:00
0.2%
-0.2%
10 May 2023 06:00
0.6%
0.6%
28 April 2023 12:00
0.8%
0.6%
13 April 2023 06:00
1.1%
1.1%
30 March 2023 12:00
0.8%
1.1%
10 March 2023 07:00
0.8%
1%
1 March 2023 13:00
0.7%
1%
22 February 2023 07:00
0.5%
0.5%
9 February 2023 07:00
1.4%
0.5%
17 January 2023 07:00
-1.2%
-1.2%
3 January 2023 13:00
-0.5%
-1.2%
13 December 2022 07:00
0%
0%
29 November 2022 13:00
0.1%
0%
11 November 2022 07:00
1.1%
1.1%
28 October 2022 12:00
0.6%
1.1%
13 October 2022 06:00
2.2%
2.2%
29 September 2022 12:00
1.3%
2.2%
13 September 2022 06:00
0.4%
0.4%
30 August 2022 12:00
0.4%
0.4%
10 August 2022 06:00
0.8%
0.8%
28 July 2022 12:00
0.4%
0.8%
13 July 2022 06:00
-0.1%
-0.1%
29 June 2022 12:00
0.4%
-0.1%
14 June 2022 06:00
1.1%
1.1%
30 May 2022 12:00
0.5%
1.1%
11 May 2022 06:00
0.7%
0.7%

Economic context

Recent economic data has been broadly neutral for EUR. Other recent announcements which may affect the market's interpretation of the next Harmonized Index of Consumer Prices (MoM) result:

PreviousLatest
Consumer Price Index (MoM)Bullish change0.3%0.4%
Consumer Price Index (YoY)Bearish change2.2%2.1%
Harmonized Index of Consumer Prices (YoY)Bearish change2.3%2.2%
Gross Domestic Product s.a. (QoQ)Bullish change0.2%0.4%
Gross Domestic Product s.a. (YoY)(no change)1.2%1.2%
Consumer Price Index (EU Norm) (YoY)(no change)2.1%2.1%
Consumer Price Index (YoY)Bullish change1.9%2%
Gross Domestic Product (QoQ)Bullish change-0.2%0.2%
Gross Domestic Product (YoY)(no change)-0.2%-0.2%
Gross Domestic Product w.d.a (YoY)(no change)-0.4%-0.4%
Gross Domestic Product (QoQ)Bullish change0.2%0.3%
Gross Domestic Product (YoY)Bullish change0.5%0.6%
Unemployment ChangeBullish change26K4K
Unemployment Rate s.a.(no change)6.3%6.3%
Consumer Price Index (EU norm) (YoY)Bearish change0.9%0.8%
Gross Domestic Product (QoQ)Bullish change-0.1%0.1%
Retail Sales (MoM)Bearish change0.2%-0.2%
Retail Sales (YoY)Bearish change4.3%2.2%
Business ClimateBullish change-0.72-0.67
Consumer Confidence(no change)-16.7-16.7
Economic Sentiment IndicatorBearish change9593.6
Gross Domestic Product - Estimated (QoQ)Bearish change0.8%0.6%
Harmonized Index of Consumer Prices (YoY)(no change)2.2%2.2%
GfK Consumer Confidence SurveyBullish change-24.3-20.6
IFO – Business ClimateBullish change86.786.9
IFO – Current AssessmentBullish change85.786.4
IFO – ExpectationsBearish change87.787.4
10-y Bond AuctionBullish change2.68%2.47%
HCOB Composite PMIBearish change50.950.1
HCOB Manufacturing PMIBullish change48.648.7
HCOB Services PMIBearish change5149.7
HCOB Composite PMIBearish change51.349.7
HCOB Manufacturing PMIBearish change48.348
HCOB Services PMIBearish change50.948.8
HCOB Composite PMIBearish change4847.3
HCOB Manufacturing PMIBearish change48.548.2
HCOB Services PMIBearish change47.946.8
Consumer ConfidenceBearish change-14.5-16.7

About Harmonized Index of Consumer Prices (MoM)

Country:Germany
Currency:EUR
Source:Federal Statistics Office of Germany
Category:Inflation
Frequency:Monthly

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