YoY Change in Revised Harmonized Index of Consumer Prices (HICP) in the Eurozone
Eurozone| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The revised year-over-year comparison of the Harmonized Index of Consumer Prices (HICP) is an indicator showing how much the prices of goods and services purchased by consumers in the Eurozone have increased or decreased in a specific month compared to the same month the previous year. This data is released monthly by Eurostat and is a final figure adjusted from initial flash estimates.
The year-over-year data helps understand long-term fluctuations in consumer prices. If the HICP increases, it indicates rising inflationary pressures, potentially reducing consumers' purchasing power. Conversely, if the HICP decreases, it suggests a risk of deflation, which could enhance consumer purchasing power.
This data serves as a reference for policymakers to assess inflation trends and formulate appropriate monetary policies. It also provides crucial information for businesses and investors to gauge price trends and economic outlooks.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
