In an unexpected turn of events, the Harmonized Index of Consumer Prices (HICP) excluding energy and food in the Euro Zone held steady in June 2025, maintaining its position at 2.4%. This development was reported following the latest data update on July 17, 2025.
Compared year-over-year, this measure of core inflation has remained consistent from June 2024 to June 2025, echoing last month’s figures as well. Market participants and economic analysts were closely monitoring this index, as it offers insightful clues into the inflationary trends without the volatility typically associated with energy and food prices.
The stagnation signals potential stabilization in price increases for the Euro Zone, bringing forth discussions on future policy moves by the European Central Bank. This consistency in core inflation could imply lesser pressure on policymakers to adjust interest rates in the immediate future, maintaining the status quo amid steady economic conditions.
