Euro Area Inflation Rate at 15-Month High


Consumer prices in the Euro Area are expected to increase 0.4 percent year-on-year in January of 2016, higher than 0.2 percent in the previous two months and in line with expectations. It is the biggest rate since October of 2014, preliminary figures showed.

Looking at the main components, services is expected to have the highest annual rate in January (1.2 percent, compared with 1.1 percent in December), followed by food, alcohol & tobacco (1.1percent, compared with 1.2percent in December) and non-energy industrial goods (0.7 percent, compared with 0.5 percent in December). In contrast, energy prices are expected to fall at a slightly slower pace (-5.3 percent, compared with -5.8 percent in December).

Core inflation rate excluding energy, food, alcohol and tobacco is expected to accelerate to 1 percent  from 0.9 percent in the previous two months and excluding energy, the inflation rate went up by 0.2 percent to 1.1 percent. 

Euro Area Inflation Rate at 15-Month High


Eurostat | Joana Taborda | joana.taborda@tradingeconomics.com
1/29/2016 10:14:21 AM