Euro Area Inflation Rate Below Forecasts


Consumer prices in the Eurozone are expected to edge up 0.2 percent year-on-year in December of 2015, the same as in the previous month but below market expectations, preliminary estimates showed. Core inflation which excludes prices of energy, food, alcohol and tobacco is expected to remain at 0.9 percent and excluding energy, the inflation rate slowed for the second month to 0.9 percent from 1 percent.

Looking at the main components, food, alcohol & tobacco is expected to have the highest annual rate in December (1.2 percent, compared with 1.5 percent in November), followed by services (1.1 percent, compared with 1.2 percent in November) and non-energy industrial goods (0.5 percent, stable compared with November). Prices of energy are expected to keep falling although at a slower pace (-5.9 percent, compared with -7.3 percent in November).

Euro Area Inflation Rate Below Forecasts


Eurostat | Joana Taborda | joana.taborda@tradingeconomics.com
1/5/2016 10:09:42 AM