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The European Central Bank (ECB) uses the Harmonised Index of Consumer Prices (HICP) as a measure of inflation and price stability (ECB). Eurostat and national statistical institutes compile the HICP using harmonized statistical procedures. Over the longer run, the European Central Bank (ECB) seeks to keep annual inflation rates as measured by the HICP below, but close to, the 2% mark over the medium term.

A higher than expected figure should be seen as positive (bullish) for the ALL while a lower than expected figure should be seen as negative (bearish) for the ALL.

Category:  Harmonised Inflation Rate YoY
Units:  Percent
Impact: Low
Currency: ALL
Latest Release
Previous: 4.9%
Consensus: 4.8%
Actual: 4.7%
Next Release
Date: Dec 19, 11:00
Time left: 7 days