Core consumer prices in the Euro Zone ticked higher in July 2026, with the Core CPI rising 2.5% year-over-year, up from 2.4% in June. The data, updated on 31 July 2026, suggest a slight reacceleration in underlying inflation pressures after a period of gradual cooling.
The figures compare price changes in July 2026 with those of July 2025, while the previous reading measured June 2026 against June 2025. The move from 2.4% to 2.5% signals that, on a year-over-year basis, core inflation is no longer easing, potentially complicating the outlook for monetary policy and interest rates in the Euro Zone.