Euro area annual inflation up to 0.0% 

Euro area(1) annual inflation(2) is expected to be 0.0% in April 2015, up from -0.1% in March(3) , according to a flash estimate(4) from Eurostat, the statistical office of the European Union.

Looking at the main components of euro area inflation, services (0.9%, compared with 1.0% in March) and food, alcohol & tobacco (0.9%, compared with 0.6% in March) are expected to have the highest annual rates in April, followed by non-energy industrial goods (0.1%, compared with 0.0% in March) and energy (-5.8%, compared with -6.0% in March).

 

1. The euro area consists of Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland.
2. Annual inflation is the change of the price level between the current month and the same month of the previous year. For further information on the euro area inflation flash estimate, see the Statistics Explained article on the Eurostat website: http://ec.europa.eu/eurostat/statistics-explained/index.php/Inflation_in_the_euro_area
3. See News Release 68/2015 of 17 April 2015.
4. The euro area inflation flash estimate is issued at the end of each reference month. The complete set of harmonised indices of consumer prices (HICP) for the euro area, EU and Member States is released around the middle of the month following the reference month. The next release with full data for April 2015 is scheduled for 19 May 2015.

Source: EuroStat – Euro area annual inflation up to 0.0% 

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