Euro Area Inflation Down to 2.2 Percent in November

Euro area annual inflation is expected to be 2.2 percent in November 2012, down from 2.5 percent in October, according to a flash estimate from Eurostat, the statistical office of the European Union.

Looking at the main components of euro area inflation, energy (5.8 percent compared with 8.0 percent in October) is expected to have the highest annual rate in November, followed by food, alcohol & tobacco (3.0 percent compared with 3.1 percent), services (1.7 percent, stable compared with October) and non-energy industrial goods (1.1 percent, stable compared with October).

Euro Area Inflation Down to 2.2 Percent in November, Eurostat
11/30/2012 10:04:16 AM