Euro Area Inflation Rate Dips in November


Eurozone annual inflation is expected to be 0.3 percent in November of 2014, down from 0.4 percent in October. Flash estimates from the Eurostat showed energy prices fell further.

Looking at the main components of euro area inflation, services is expected to have the highest annual rate in November (1.1 percent, compared with 1.2 percent in October), followed by food, alcohol & tobacco (0.5 percent, stable compared with October), non-energy industrial goods (0.0 percent, compared with -0.1 percent in October) and energy (-2.5 percent, compared with -2.0 percent in October).

Core inflation rate is expected to remain steady at 0.7 percent. 

Eurostat | Joana Taborda | joana.taborda@tradingeconomics.com
11/28/2014 10:11:52 AM