Euro Area Inflation Rate Down to 1.2% in April

Euro area annual inflation is expected to be 1.2 percent in April 2013, down from 1.7 percent in March, according to a flash estimate from Eurostat.

Looking at the main components of euro area inflation, food, alcohol and tobacco is expected to have the highest annual rate in April (2.9 percent compared with 2.7 percent in March), followed by services (1.1 percent compared with 1.8 percent in March), non-energy industrial goods (0.8 percent compared with 1.0 percent in March) and energy (-0.4 percent compared with 1.7 percent in March).

Eurostat | Nuno Fontes |
4/30/2013 10:10:52 AM