CPI y/y (EUR) preview: Eurozone inflation data due
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
The Eurozone’s annual Consumer Price Index, CPI y/y, is scheduled for release on 2026-07-17 at 09:00 UTC. Market consensus anticipates a reading of 3%, which aligns with the previous actual figure of 3%. As a key indicator of inflation, this release carries a high impact rating, making it a significant event for monitoring the European Central Bank’s monetary policy outlook.
Historically, this release has prompted measurable reactions across various EUR currency pairs. EURAUD has seen a median 1-hour move of 9 pips, with top-quarter releases moving 17+ pips. EURNZD typically experiences a median 1-hour move of 10 pips, with larger moves exceeding 20+ pips. EURCAD and EURJPY have recorded median 1-hour moves of 8 pips and 7 pips respectively, with top-quarter releases for both moving 14+ pips. EURCHF, EURGBP, and EURUSD have each shown a median 1-hour move of 5 pips, with top-quarter releases moving 10+ pips. Direction-reliability statistics are not yet available for this release.
Recent prints show varied reactions in EURUSD. On July 1, 2026, an actual 3% against a forecast of 2.1% led to a -8.4 pips move. On June 17, 2026, an actual 3.2% versus a 2.6% forecast saw a +2.1 pips move. The April 30, 2026 release, with an actual 1.9% against a 2.3% forecast, resulted in a +15 pips move for EURUSD.