Euro area annual inflation is expected to be 1.9% in April 2017, up from 1.5% in March 2017, according to a flash estimate from Eurostat, the statistical office of the European Union.
Looking at the main components of euro area inflation, energy is expected to have the highest annual rate in April (7.5%, compared with 7.4% in March), followed by services (1.8%, compared with 1.0% in March), food, alcohol & tobacco (1.5%, compared with 1.8% in March) and non-energy industrial goods (0.3%, stable compared with March).
Euro area annual inflation, April 2017, %
Euro area annual inflation and its components, %
|Weight (‰) 2017||Apr 2016||Nov 2016||Dec 2016||Jan 2017||Feb 2017||Mar 2017||Apr 2017|
|> energy, unprocessed food||829.5||0.7||0.8||0.9||0.9||0.9||0.8||1.2e|
|> energy, food, alcohol & tobacco||708.8||0.7||0.8||0.9||0.9||0.9||0.7||1.2e|
|Food, alcohol & tobacco||195.9||0.8||0.7||1.2||1.8||2.5||1.8||1.5e|
|> processed food, alcohol & tobacco||120.8||0.5||0.7||0.7||0.7||0.8||1.0||1.1e|
|> unprocessed food||75.1||1.2||0.7||2.1||3.5||5.3||3.1||2.2e|
|Non-energy industrial goods||263.1||0.5||0.3||0.3||0.5||0.2||0.3||0.3e|
e = estimate