Core inflation in the Euro Zone, measured by the Harmonised Index of Consumer Prices excluding energy and food (HICP ex Energy & Food), held steady at 2.2% year-over-year in March 2026, unchanged from the previous reading of 2.2%. The data, updated on 16 April 2026, indicate that underlying price pressures are stabilizing after a period of adjustment across the currency bloc.
Both the current and previous year-over-year comparisons show the same 2.2% rate, signaling that the pace of core price growth has neither accelerated nor decelerated on an annual basis for March. This stability in the core measure, which strips out the more volatile energy and food components, is closely watched by markets as a gauge of medium-term inflation trends and potential implications for monetary policy in the Euro Zone.
