LSE:RPI.L 18 February 2026 - 19 February 2026

June 26, 2026, 12:27 AM EDT. The Euro Area's June flash inflation data, due July 1, will be closely watched after May's headline inflation rose to 3.2% year-on-year (YoY), the highest since September 2023. Core inflation, excluding volatile items like energy and food, climbed to 2.6%, surpassing the European Central Bank's (ECB) 2% target. The ECB recently raised interest rates by 25 basis points (bps), its first hike since 2023, responding to persistent inflation pressures. Markets expect June's headline inflation to hold near 3.2%, with core inflation stable around 2.6%. A hotter-than-expected core inflation print could accelerate further ECB rate hikes, currently priced for December, potentially moving them to September or October. This data will influence the ECB's medium-term inflation outlook and monetary policy trajectory.