Euro area

ECB interest rate decision

The Governing Council’s decision on the main refinancing rate for the euro area.

In short

The last ECB decision release came in at 2.65% against a forecast of 2.65% and 2.4% the time before. It was published on Thu, 10 Sept 2026, 14:15 SAST. The next release is due Thu, 29 Oct 2026, 15:15 SAST.

Next release
Thu, 29 Oct 2026, 15:15 SAST · in 21d 16h
Forecast
–
Last release
2.65%
Previous
2.4%

Actual against forecastEvery release

2.15% (forecast 2.15%) 2.15% (forecast 2.15%) 2.15% (forecast 2.15%) 2.15% (forecast 2.15%) 2.15% (forecast 2.15%) 2.15% (forecast 2.15%) 2.4% (forecast 2.4%) 2.4% (forecast 2.4%) 2.65% (forecast 2.65%)
ReleasedForActualForecastPrevious
2026-10-29––––
2026-09-10–2.65%2.65%2.4%
2026-07-23–2.4%2.4%2.4%
2026-06-11–2.4%2.4%2.15%
2026-04-30–2.15%2.15%2.15%
2026-03-19–2.15%2.15%2.15%
2026-02-05–2.15%2.15%2.15%
2025-12-18–2.15%2.15%2.15%
2025-10-30–2.15%2.15%2.15%
2025-09-11–2.15%2.15%2.15%

What it isWhy it matters here

Europe is one of South Africa’s biggest trading partners. Euro rates move the euro against the rand and the cost of imports from Europe.

How often
About every six weeks

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QuestionsGood to know.

  • The Governing Council’s decision on the main refinancing rate for the euro area.

  • Europe is one of South Africa’s biggest trading partners. Euro rates move the euro against the rand and the cost of imports from Europe.

  • European Central Bank. About every six weeks. The next date, the forecast and every recent result are on this page.

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