CPI y/y (EUR) preview: Consensus points to 3.1% after 2.9% previous
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
The Eurozone Consumer Price Index, CPI year-over-year, is scheduled for release on September 1, 2026, at 09:00 UTC. Market consensus anticipates a reading of 3.1%, an increase from the previous figure of 2.9%. This release is rated as high impact, as inflation data is a key factor influencing European Central Bank monetary policy considerations.
Historically, this release has generated notable price movements across various EUR currency pairs. For instance, EURAUD has seen a median 1-hour move of 9 pips, with top-quarter releases moving 16+ pips. EURNZD has experienced a median 1-hour move of 10 pips, with top-quarter releases moving 20+ pips. EURCAD and EURJPY have typically seen median 1-hour moves of 7 pips, with top-quarter releases moving 14+ pips. EURCHF, EURGBP, and EURUSD have recorded median 1-hour moves of 5 pips, with top-quarter releases moving 10+ pips. Direction-reliability statistics for this event are not yet available.
Recent releases show varied market reactions. On August 19, 2026, an actual reading of 2.9% against a forecast of 3.2% resulted in an +8.1 pip 1-hour move for EURUSD. The July 31, 2026 release, with an actual 3.2% versus a 2.9% forecast, saw EURUSD move -18 pips in one hour. On July 1, 2026, an actual 3% against a 2.1% forecast led to a -8.4 pip 1-hour move for EURUSD.