Eurostat, (2019), “Euro area annual inflation down to 1.1%“, July
Euro area annual inflation is expected to be 1.1% in July 2019, down from 1.3% in June according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro area inflation, food, alcohol & tobacco is expected to have the highest annual rate in July (2.0%, compared with 1.6% in June), followed by services (1.2%, compared with 1.6% in June), energy (0.6%, compared with 1.7% in June) and non-energy industrial goods (0.4%, compared with 0.3% in June).
Relevant Posts
- Eurostat, (2019), “Annual inflation down to 1.2% in the euro area“, NewsRelease – EuroIndicators 97, June
- Kontogeorgos et all, Georgios (2019), «Working Paper Series: An analysis of the Eurosystem/ECB projections«, No 2291 / June
- ECB, (2019), «Eurosystem staff macroeconomic projections for the euro area», June