Eurostat/Euro area annual inflation down to 1.2% /28 February 2018
Euro area annual inflation is expected to be 1.2% in February 2018, down from 1.3% in January 2018, according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro area inflation, energy is expected to have the highest annual rate in February (2.1%, compared with 2.2% in January), followed by services (1.3%, compared with 1.2% in January), food, alcohol & tobacco (1.1%, compared with 1.9% in January) and non-energy industrial goods (0.7%, compared with 0.6% in January).
Relevant Posts
- Eurostat/Euro area unemployment at 8.6%/1 March 2018
- Elva Bova, Tidiane Kinda, Jaejoon Woo, (2018), «Austerity and inequality: The size and composition of fiscal adjustment matter», Vox, 7 February