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🇪🇺 Euro areaINFLATION

Core CPI y/y

Consumer price inflation · Euro area. Core excludes the most volatile components. Year-on-year change.

Wednesday 4 November11:00 CET / 12:00 Kyiv
Reference period: 2026-10
ACTUAL—Before publication
FORECAST—Pre-release expectation
PREVIOUS—Previous value

01 / WHY IT MATTERS

What changes for traders

More persistent price pressure may delay policy easing. For EUR the surprise relative to the forecast matters.

EURUSDDAX

02 / SCENARIOS

Pre-release scenarios

ABOVE EXPECTATIONS

Above-expected inflation supports the case for tighter policy and for EUR.

BELOW EXPECTATIONS

Below-expected inflation supports the case for policy easing and pressure on EUR.

Next step

Core, services, revisions and the response of rate expectations.

Figures and status update automatically after the release is confirmed.Other events