Eurozone Inflation Rate Eases to 1.4% in December


Eurozone consumer price inflation is expected to decrease to 1.4 percent year-on-year in December 2017 from 1.5 percent in the previous month, in line with market expectations. Energy and food prices should rise at a slower pace.

Looking at the main components of euro area inflation, energy is expected to have the highest annual rate in December (3 percent, compared with 4.7 percent in November), followed by food, alcohol & tobacco (2.1 percent, compared with 2.2 percent in November), services (1.2 percent, stable compared with November) and non-energy industrial goods (0.5 percent, compared with 0.4 percent in November).

Annual core inflation, which excludes volatile prices of energy and unprocessed food and tobacco and at which the ECB looks in its policy decisions, is expected to remain at 0.9 percent, unchanged from the previous month's five-month low.

Eurozone Inflation Rate Eases to 1.4% in December


ECB | Joana Ferreira | joana.ferreira@tradingeconomics.com
1/5/2018 10:10:05 AM