Euro area annual inflation is expected to be 1.4% in December 2017, down from 1.5% in November 2017.
Looking at the main components of euro area inflation,
- energy is expected to have the highest annual rate in December (3.0%, compared with 4.7% in November),
- followed by food, alcohol & tobacco (2.1%, compared with 2.2% in November), services (1.2%, stable compared with November) and
- non-energy industrial goods (0.5%, compared with 0.4% in November).
Source: Eurostat, http://ec.europa.eu/eurostat