The Euro Zone’s HICP excluding energy and food remained unchanged in March, with the indicator holding at 0.7% month-over-month, according to data updated on 16 April 2026. The core measure, which strips out volatile energy and food components, recorded the same 0.7% reading as in the previous month.
Both the current and previous indicators showed a 0.7% month-on-month change, indicating that the pace of underlying price pressures was stable between February and March 2026. The comparison is based on month-over-month movements, meaning the latest figure reflects the change in prices in March relative to February, while the previous reading captured February’s change versus January.
The flat reading suggests that, at least for now, core inflation dynamics in the Euro Zone are neither accelerating nor easing further on a monthly basis. Investors and policymakers will be watching upcoming releases closely for any sign of renewed price momentum or a resumption of the disinflation trend.
