Harmonized Index of Consumer Prices (YoY)

HICP is an index of consumer prices calculated and published by Destatis, the Statistical Office of the European Union, 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.

Next event - Thursday 28 November 2024 13:00

Previous
2.4%
Forecast
2.6%
Actual
-

The typical/expected impact on EUR pairs is high.

The consensus forecast for Harmonized Index of Consumer Prices (YoY) is 2.6%. A higher value than forecast tends to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.

Most recent - Tuesday 12 November 2024 07:00

Previous
2.4%
Forecast
2.4%
Actual
2.4%

Trading range

Forecast history

The most recent announced value for Harmonized Index of Consumer Prices (YoY) was 2.4% against a forecast of 2.4%.

Past events

Date
Forecast
Actual
Tuesday 12 November 2024 07:00
2.4%
2.4%
Wednesday 30 October 2024 13:00
2.1%
2.4%
Friday 11 October 2024 06:00
1.8%
1.8%
Monday 30 September 2024 12:00
1.9%
1.8%
Tuesday 10 September 2024 06:00
2%
2%
Thursday 29 August 2024 12:00
2.3%
2%
Friday 9 August 2024 06:00
2.6%
2.6%
Tuesday 30 July 2024 12:00
2.4%
2.6%
Thursday 11 July 2024 06:00
2.5%
2.5%
Monday 1 July 2024 12:00
2.6%
2.5%
Wednesday 12 June 2024 06:00
2.8%
2.8%
Wednesday 29 May 2024 12:00
2.7%
2.8%
Tuesday 14 May 2024 06:00
2.4%
2.4%
Monday 29 April 2024 12:00
2.3%
2.4%
Friday 12 April 2024 06:00
2.3%
2.3%
Tuesday 2 April 2024 12:00
2.4%
2.3%
Tuesday 12 March 2024 07:00
2.7%
2.7%
Thursday 29 February 2024 13:00
2.7%
2.7%
Friday 9 February 2024 07:00
3.1%
3.1%
Wednesday 31 January 2024 13:00
3.2%
3.1%
Tuesday 16 January 2024 07:00
3.8%
3.8%
Thursday 4 January 2024 13:00
3.8%
3.8%
Friday 8 December 2023 07:00
2.3%
2.3%
Wednesday 29 November 2023 13:00
2.7%
2.3%
Wednesday 8 November 2023 07:00
3%
3%
Monday 30 October 2023 13:00
3.6%
3%
Wednesday 11 October 2023 06:00
4.3%
4.3%
Thursday 28 September 2023 12:00
4.5%
4.3%
Friday 8 September 2023 06:00
6.4%
6.4%
Wednesday 30 August 2023 12:00
6.2%
6.4%
Tuesday 8 August 2023 06:00
6.5%
6.5%
Friday 28 July 2023 12:00
6.6%
6.5%
Tuesday 11 July 2023 06:00
6.8%
6.8%
Thursday 29 June 2023 12:00
6.7%
6.8%
Tuesday 13 June 2023 06:00
6.3%
6.3%
Wednesday 31 May 2023 12:00
6.8%
6.3%
Wednesday 10 May 2023 06:00
7.6%
7.6%
Friday 28 April 2023 12:00
7.8%
7.6%
Thursday 13 April 2023 06:00
7.8%
7.8%
Thursday 30 March 2023 12:00
7.5%
7.8%
Friday 10 March 2023 07:00
9.3%
9.3%
Wednesday 1 March 2023 13:00
9%
9.3%
Wednesday 22 February 2023 07:00
9.2%
9.2%
Thursday 9 February 2023 07:00
10%
9.2%
Tuesday 17 January 2023 07:00
9.6%
9.6%
Tuesday 3 January 2023 13:00
10.7%
9.6%
Tuesday 13 December 2022 07:00
11.3%
11.3%
Tuesday 29 November 2022 13:00
11.3%
11.3%
Friday 11 November 2022 07:00
11.6%
11.6%
Friday 28 October 2022 12:00
10.9%
11.6%
Thursday 13 October 2022 06:00
10.9%
10.9%
Thursday 29 September 2022 12:00
10%
10.9%
Tuesday 13 September 2022 06:00
8.8%
8.8%
Tuesday 30 August 2022 12:00
8.8%
8.8%
Wednesday 10 August 2022 06:00
8.5%
8.5%
Thursday 28 July 2022 12:00
8.1%
8.5%
Wednesday 13 July 2022 06:00
8.2%
8.2%
Wednesday 29 June 2022 12:00
8.8%
8.2%
Tuesday 14 June 2022 06:00
8.7%
8.7%
Monday 30 May 2022 12:00
8%
8.7%
Wednesday 11 May 2022 06:00
7.8%
7.8%
Thursday 28 April 2022 12:00
7.6%
7.8%
Tuesday 12 April 2022 06:00
7.6%
7.6%
Wednesday 30 March 2022 12:00
6.7%
7.6%
Friday 11 March 2022 07:00
5.5%
5.5%
Tuesday 1 March 2022 13:00
5.4%
5.5%
Friday 11 February 2022 07:00
5.1%
5.1%
Monday 31 January 2022 13:00
4.7%
5.1%
Wednesday 19 January 2022 07:00
5.7%
5.7%
Thursday 6 January 2022 13:00
5.7%
5.7%
Friday 10 December 2021 07:00
6%
6%
Monday 29 November 2021 13:00
5.4%
6%

Economic context

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

PreviousLatest
Harmonized Index of Consumer Prices (YoY)Bullish change1.8%2.4%
GfK Consumer Confidence SurveyBearish change-18.4-23.3
IFO – Business ClimateBearish change86.585.7
IFO – Current AssessmentBearish change85.784.3
IFO – ExpectationsBearish change87.387.2
HCOB Manufacturing PMIBearish change4645.2
HCOB Composite PMIBearish change5048.1
HCOB Services PMIBearish change51.649.2
HCOB Composite PMIBearish change48.647.3
HCOB Manufacturing PMIBullish change4343.2
HCOB Services PMIBearish change51.649.4
HCOB Composite PMIBearish change48.144.8
HCOB Manufacturing PMIBearish change44.543.2
HCOB Services PMIBearish change49.245.7
Gross Domestic Product (QoQ)Bearish change0.2%0.1%
Gross Domestic Product (YoY)Bearish change-0.2%-0.3%
Gross Domestic Product w.d.a (YoY)Bearish change0.2%0.1%
Consumer ConfidenceBullish change-12.5-12.4
Producer Price Index (MoM)Bullish change-0.5%0.2%
Producer Price Index (YoY)Bullish change-1.4%-1.1%
Core Harmonized Index of Consumer Prices (MoM)(no change)0.2%0.2%
Core Harmonized Index of Consumer Prices (YoY)(no change)2.7%2.7%
Harmonized Index of Consumer Prices (MoM)(no change)0.3%0.3%
Consumer Price Index (EU Norm) (YoY)(no change)1%1%
Consumer Price Index (YoY)(no change)0.9%0.9%
Consumer Price Index (EU norm) (YoY)Bullish change1.5%1.6%
Industrial Production s.a. (MoM)Bearish change1.5%-2%
Employment Change (QoQ)(no change)0.2%0.2%
Gross Domestic Product s.a. (QoQ)(no change)0.4%0.4%
Gross Domestic Product s.a. (YoY)(no change)0.9%0.9%

About Harmonized Index of Consumer Prices (YoY)

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

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