Euro Area Inflation Rate Slows Again in March


Euro Area annual inflation is expected to be 0.5 percent in March of 2014, down from 0.7 percent in February, according to a flash estimate. It is the lowest rate since November of 2009.

Consumer prices slowed for the third straight month in March.

Looking at the main components of euro area inflation, services is expected to have the highest annual rate in March (1.1 percent, compared with 1.3 percent in February), followed by food, alcohol & tobacco (1.0 percent, compared with 1.5 percent in February), non-energy industrial goods (0.3 percent, compared with 0.4 percent in February) and energy (-2.1 percent, compared with -2.3 percent in February). 

Core inflation rate, which strips out prices of food, energy, alcohol and tobacco is expected to slow to an annual 0.8 percent, after picking up to 1 percent in February. 

Euro Area Inflation Rate Slows Again in March


Eurostat | Joana Taborda | joana.taborda@tradingeconomics.com
3/31/2014 9:15:14 AM