EUR CPI y/y preview: Consensus points to moderation
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
The Eurozone is set to release its latest Consumer Price Index, CPI y/y, on October 2, 2026, at 09:00 UTC. Market consensus anticipates a reading of 3%, a slight moderation from the previous figure of 3.2%. This high-impact economic indicator is closely watched for insights into inflationary trends across the Eurozone, which can influence the European Central Bank’s policy outlook.
Historically, this release has often led to significant movements across EUR currency pairs. After past CPI y/y releases, EURAUD has seen a median 1-hour move of 8 pips, with top-quarter releases moving 16+ pips. EURNZD has shown a median 1-hour move of 10 pips, with top-quarter events moving 19+ pips. Other pairs like EURCAD and EURJPY have typically experienced median 1-hour moves of 7 pips, while EURCHF, EURGBP, and EURUSD have seen median 1-hour moves of 5 pips.
Recent CPI y/y prints show varying outcomes relative to forecasts. The last release on September 17, 2026, recorded an actual 3.2% against a forecast of 2.8%. Prior to that, on September 1, 2026, the actual figure was 2.8% compared to a forecast of 3.1%. The July 31, 2026, release saw an actual 3.2% against a 2.9% forecast, while the July 1, 2026, print was 3% against a 2.1% forecast.