CPI Final: Zona do Euro


- CPI: 2.14% YoY (Expectativa BBG: 2.2% YoY)

- CPI Core: 2.41% YoY (Expectativa BBG: 2.4% YoY)

Overview

Tabela - CPI: 2025-11-01

Aberturas
Pesos
MoM% SA
SAAR MM3M%
Contribuição
YoY%
Flash YoY%
date Nov/25 Sep/25 Oct/25 Nov/25 Sep/25 Oct/25 Nov/25 Sep/25 Oct/25 Nov/25 Sep/25 Oct/25 Nov/25 Nov/25
Overall index 100 0.21 0.11 0.24 2.28 1.77 2.23 21 11 24 2.24 2.1 2.14 2.16
Core HICP 71.28 0.21 0.21 0.22 2.48 2.5 2.62 14.97 14.97 15.68 2.35 2.37 2.41 2.41
Core Core ex. clothing, travel related and insurance 59.87 0.15 0.16 0.14 1.89 1.82 1.82 8.98 9.58 8.38 1.89 1.91 1.96
Supercore 38.9 0.08 0.15 2.4 1.89 3.11 5.83 2.51 2.5
Food 14.1 0.09 -0.04 0.03 2.68 0.85 0.31 1.27 -0.56 0.42 2.44 1.87 1.78
Processed food incl. alcohol and tobacco 15.06 0.14 0.05 0.07 3.03 1.66 1.05 2.11 0.75 1.05 3.02 2.5 2.4 2.5
Unprocessed food 4.27 -0.1 -0.13 0.03 4.28 0.18 -0.76 -0.43 -0.55 0.13 4.67 3.17 3.18
Energy 9.4 0.59 -0.79 1 0.77 -4.73 3.24 5.54 -7.42 9.4 -0.37 -0.93 -0.49 -0.52
Industrial goods excluding energy 25.63 0.08 -0.01 0.04 1.29 0.63 0.45 2.05 -0.26 1.03 0.79 0.62 0.55 0.56
Industrial goods excluding energy, durables only 9.69 -0.01 -0.03 0.04 0.13 -0.06 0 -0.1 -0.29 0.39 0.21 0.13 0.17
Purchase of Vehicles 4.27 0.03 -0.01 0.17 0.7 0.38 0.76 0.13 -0.04 0.73 1.26 1.14 1.17
Industrial goods excluding energy, non-durables only 6.56 0.18 0.09 0.06 1.41 1.35 1.31 1.18 0.59 0.39 1.49 1.38 1.33
Industrial goods excluding energy, semi-durables only 9.38 0.13 -0.04 -0.02 1.83 0.6 0.27 1.22 -0.38 -0.19 0.83 0.62 0.39
Clothing & Footwear 4.81 0.33 -0.14 0.02 2.97 1.54 0.88 1.59 -0.67 0.1 1.08 0.62 0.47
Services 45.65 0.33 0.36 0.34 3.26 3.96 4.2 15.06 16.43 15.52 3.24 3.36 3.47 3.46
Services ex. travel related and insurance 38.77 0.28 0.27 0.24 2.91 3.15 3.17 10.86 10.47 9.3 2.89 2.98 3.08
Housing services 9.75 0.27 0.24 0.29 3.24 3.15 3.27 2.63 2.34 2.83 3.22 3.16 3.22
Actual rentals paid by tenants including other actual rentals 5.6 0.23 0.24 0.29 3.04 2.85 3.1 1.29 1.34 1.62 2.9 2.89 3
Transport services 2.66 0.03 0.64 0.06 2.15 3.25 2.94 0.08 1.7 0.16 3.32 3.9 3.37
Passenger transport by air 0.93 -1.34 2.88 -1.97 -2 7.01 -1.69 -1.25 2.69 -1.84 -1.95 1.66 -2.74
Communication services 2.14 0.42 0.26 -0.23 1.65 3.28 1.81 0.9 0.56 -0.49 -0.09 0.64 0.12
Recreation and personal services 16.52 0.46 0.39 0.57 3.67 4.99 5.83 7.6 6.44 9.41 3.37 3.41 3.92
Package holidays 1.33 0.25 0.71 2.25 4.01 7.33 13.64 0.33 0.95 2.99 0.81 0.91 4.42
Accommodation services 2.35 0.86 0.15 0.53 2.01 4.38 6.36 2.02 0.35 1.25 3.45 3.1 3.41
Catering Services 8.96 0.29 0.37 0.32 3.8 4.09 4.01 2.6 3.31 2.87 3.78 3.84 3.88
Cultural services 1.1 -0.08 0.2 0.04 4.52 4.02 0.66 -0.09 0.22 0.04 4.3 4.15 4.02
Restaurants, cafés and the like 8.33 0.33 0.36 0.32 4 4.24 4.11 2.75 3 2.67 3.85 3.9 3.93
Miscellaneous services 9.97 0.25 0.29 0.27 3.53 3.18 3.3 2.49 2.89 2.69 3.74 3.68 3.67
Insurance 2.27 0.35 0.3 0.45 4.01 4.01 4.5 0.79 0.68 1.02 5.96 5.32 5.26

Tabela - Trimmed Mean: 2025-11-01

Aberturas
MoM% SA
SAAR MM3M%
YoY% calculado
YoY% ECB oficial
date Sep/25 Oct/25 Nov/25 Sep/25 Oct/25 Nov/25 Sep/25 Oct/25 Nov/25 Sep/25 Oct/25 Nov/25
Trimmed Mean 40%: Núcleos
Core ex.food and energy 0.17 0.22 0.17 2.33 2.35 2.28 2.35 2.37 2.41
Industrial goods excluding energy 0.09 -0.01 0.04 1.24 0.61 0.47 0.79 0.62 0.55
Services 0.32 0.38 0.34 3.24 4.03 4.24 3.24 3.36 3.47
Headline
Trimmed Mean 10% 0.19 0.10 0.24 2.21 1.61 2.11 2.35 2.26 2.26 2.2 2.2 2.2
Trimmed Mean 30% 0.23 0.17 0.19 2.64 2.29 2.37 2.57 2.51 2.47 2.3 2.2 2.3
Trimmed Mean 40% 0.24 0.18 0.20 2.78 2.48 2.50 2.69 2.64 2.60 2.3 2.3 2.3
Weighted Median 2.6 2.8 2.4

Gráfico Trimmed Mean

HICP

HICPX

Agregado de núcleos

Gráficos

Headline

Main ECB metrics

YoY%

MoM SAAR MM3M

ECB core PCCI

Re-weighing HICP components

Monetary Policy Sensitivity

YoY
SAAR MM3M
MoM SAAR

Núcleos

Visão Geral

Core ex. food & energy

Supercore

Core ex. clothing, holid & air. transp.

Variações Core ex. clothing, holid & air. transp.

Core Core ex. insurance

Energy and wage sensitivity

YoY %

SAAR MM3M

Core HICP vs. Core HICP ex. energy sensitive YoY%

Core HICP vs. Core HICP ex. energy sensitive MoM SAAR MM3M%

Core Goods vs. Energy Sensitive

Core Services vs. Wage Sensitive

Goods

Core Goods

Componentes industrial goods

Core Goods

Core Goods, only non-durables

Core Goods, only semi-durables

Core Goods, only durables

Core Goods ex. clothing

Gráfico

Gráfico variações

Energy

Gráficos

Sazonalidade

Food

Total food

Processed food incl. alcohol and tobacco

Unprocessed food

Clothing & Footwear

Gráficos

Sazonalidade

Services

Services

Gráficos

Sazonalidade

Componentes serviços

Core Services

Services vs. Core Services YoY%

Core services ex. travel-related items - variações

Housing services

Gráficos

Sazonalidade

Actual rentals paid by tenants

Gráficos

Sazonalidade

Transport services

Gráficos

Sazonalidade

Passenger transport by air

Gráficos

Sazonalidade

Communication services

Gráficos

Sazonalidade

Recreation and personal services

Gráficos

Sazonalidade

Package holidays

Gráficos

Sazonalidade

Accommodation services

Gráficos

Sazonalidade

Catering services

Gráficos

Sazonalidade

Cultural services

Gráficos

Sazonalidade

Restaurants, cafés and the like

Gráficos

Sazonalidade

Miscellaneous services

Gráficos

Sazonalidade

Insurance

Gráficos

Sazonalidade

Aberturas por país

Maiores economias

Core HICP: Maiores economias

Core HICP: periferia vs. outros

Core HICP: distribuição por países

Core Goods: distribuição por países

Services: distribuição por países

Tourism services inflation a nível país

Services ex. Tourism inflation