In a stable turn for the Euro Zone, the Harmonized Index of Consumer Prices (HICP), excluding energy and food, remained unchanged at 2.4% in June 2025. This figure mirrors the data from the previous month, demonstrating a consistently steady inflation rate for the region. This latest update was released on July 1, 2025.
The Year-over-Year analysis indicates that the core HICP was at the same level in May, showing no fluctuations during this period. A comparison with the same month a year ago also reveals no change, providing indications of stability amidst a complex economic climate where energy and food often cause more volatility.
The consistency in these numbers may offer relief to policymakers and market analysts who rely on this key measure to gauge underlying inflation pressures. By excluding the more volatile energy and food sectors, this metric provides a clearer picture of long-term inflation trends, crucial for central banks when formulating monetary policy. As the Euro Zone continues to navigate the ever-challenging global economic landscape, maintaining such stability could contribute positively to economic forecasts and investor confidence.