The Euro Zone’s HICP excluding energy and food eased slightly in June 2026, signaling a modest continuation of the disinflation trend in core prices. Year-over-year, the core index rose 2.2% in June, down from 2.3% in May 2026.
Both figures are measured on a year-over-year basis, comparing each month’s price levels to the same month a year earlier. The June reading suggests that underlying inflationary pressures—stripped of the more volatile energy and food components—are gradually slowing across the currency bloc.
The updated data, released on 1 July 2026, will be closely watched by market participants and policymakers as they assess the trajectory of core inflation and its implications for the Euro Zone’s monetary policy outlook.
