FX.co ★ Euro Zone Core CPI Eases to 1.0% in April, Signaling Softer Price Momentum

The Euro Zone’s CPI excluding tobacco rose by 1.0% month-over-month in April 2026, easing from a 1.3% increase recorded in March 2026. The latest figures, updated on 20 May 2026, point to a moderation in underlying price pressures within the bloc.

On a month-over-month basis, the April reading reflects a slower pace of price growth compared with March, when the indicator climbed 1.3% versus the previous month. The comparison underscores a cooling in momentum, as the current “actual” figure measures April’s change against March, while the “previous” figure captures March’s change relative to February. Investors and policymakers may interpret the softer core reading as a tentative sign that recent inflationary forces are losing some steam across the Euro Zone.