The Euro Zone's Harmonized Index of Consumer Prices (HICP) excluding energy and food has maintained a steady rate of 2.7% year-over-year in January 2025, unchanged from December 2024. This data, updated on February 3, 2025, highlights a consistency in the inflation measure that strips out the often volatile energy and food prices.
For the first month of the year, the price stability reflects a sustained level of core inflation when compared to the same month a year ago. The steady rate underscores a period of balance in price changes across the Euro Zone when looking beyond the sectors influenced by energy and food volatility.
As economic stakeholders closely monitor these figures, the unchanged HICP ex energy and food suggests that, at least temporarily, the Euro Zone is experiencing a period of inflation stability, offering a potentially steady environment for business planning and policy decisions in this complex economic landscape. This flat track could aid central bank policymakers in their considerations for future monetary policy adjustments.
