Core Inflation Rate

The Core Inflation Rate is calculated as the average of HICP (Harmonized Index of Consumer Price) that does not take into account food, tobacco, and energy due to their high volatility. It is the increase in the general level of prices for goods and services. This metric is reported on a monthly basis by Eurostat.

 Euro Area Core Inflation Rate

In Jun 2017 the indicator increased to 1.1% from 0.9% the previous month representing a change of 22.2%. This figure was at its historical lows of 0.6% in 2015 and at its highs of 2.6% in 2002.