Euro Area Inflation Rate Slows More Than Expected


Consumer prices in the Euro Area are expected to rise 1.5 percent year-on-year in March of 2017, easing from a 2 percent increase in the previous month and below market expectations of 1.8 percent. It is the lowest inflation rate in three months, preliminary estimates showed.

Most CPI components eased in March: energy (7.3 percent in March, compared with 9.3 percent in February); food, alcohol & tobacco (1.8 percent, compared with 2.5 percent); services (1 percent, compared with 1.3 percent) and non-energy industrial goods (0.2 percent, stable compared with February). 

Annual core inflation, which excludes volatile prices of energy, food, alcohol and tobacco slowed to 0.7 percent from 0.9 percent, reaching the lowest since April last year.

 Euro Area Inflation Rate Slows More Than Expected


Eurostat | Joana Taborda | joana.taborda@tradingeconomics.com
3/31/2017 9:13:13 AM