Euro Area Annual Inflation Flash Estimate, January 2017, Eurostat

Page created: Wednesday, 1 February 2017 9:37GMT | Updated: Thursday, 2 February 2017 8:49GMT

Press Release:  01 February 2017 - 2 Page(s)
Annual Inflation  Euro Area  European Union  HICP   Inflation

Euro area annual inflation is expected to be 1.8% in January 2017, up from 1.1% in December 2016, 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 January (8.1%, compared with 2.6% in December), followed by food, alcohol & tobacco (1.7%, compared with 1.2% in December), services (1.2%, compared with 1.3% in December) and non-energy industrial goods (0.5%, compared with 0.3% in December).