FX.co ★ Euro Zone Inflation Slightly Rises: HICP Excluding Energy and Food Up to 0.3% in June

The Euro Zone witnessed a subtle increase in the Harmonized Index of Consumer Prices (HICP) excluding energy and food, reaching 0.3% in June 2025, according to the latest data released on July 17, 2025. This marks a modest rise from the previous month's 0.1%, indicating a month-over-month change observed this summer.

This uptick in the HICP ex Energy and Food comes amidst ongoing economic challenges across the Euro Zone, as central banks continue to address widespread inflationary pressures. The indicator, often considered a more stable reflection of underlying inflation trends by excluding volatile items such as energy and food, provides insight into the core inflationary momentum within the region.

As the European Central Bank monitors these developments closely, market participants and policymakers alike will be keenly focused on how this upward movement in core inflation may influence future economic policies and interest rate decisions. This marginal rise hints at underlying economic dynamics in the Euro Zone that could affect consumer pricing and economic stability in the upcoming months.