Euroalueen - Inflaatio

Eurozone inflation rate is seen accelerating to 1.3 percent year-on-year in December 2019 from 1.0 percent in the previous month and in line with market consensus, a preliminary estimate showed. That should be the highest rate since June due to a rebound in energy prices (0.2 percent vs -3.2 percent) and a faster increase in unprocessed food cost (2.1 percent vs 1.8 percent). Meanwhile, inflation is likely to ease for services (1.8 percent vs 1.9 percent), while it is seen unchanged for non-energy industrial goods (at 0.4 percent) and processed food, alcohol & tobacco (at 2.0 percent). The core inflation rate, which excludes energy, food, alcohol & tobacco and at which the ECB looks at to decide on monetary policy, is set to hold steady at 1.3 percent.

The Euro Area inflation rate was confirmed at 1.0 percent in November 2019, higher than October's near three-year low of 0.7 percent. Prices rose at a faster rate for services, non-energy industrial goods, and food, alcohol & tobacco. Among Eurozone's largest economies, the highest annual rates were recorded in France (1.2 percent) and Germany (1.2 percent), followed by Spain (0.5 percent) and Italy (0.2 percent). The annual core inflation, which excludes volatile prices of energy, food, alcohol & tobacco and at which the ECB looks in its policy decisions, was also confirmed at 1.3 percent. On a monthly basis, consumer prices dropped 0.3 percent, following a 0.1 percent increase in October and in line with market consensus.

The Euro Area inflation rate is expected to pick up to 1.0 percent in November 2019 from a near three-year low of 0.7 percent in the previous month, slightly beating market expectations of 0.9 percent, a preliminary estimate showed. Prices should increase at a faster pace for services, non-energy industrial goods, and food, alcohol & tobacco. The annual core inflation, which excludes volatile prices of energy, food, alcohol & tobacco and at which the ECB looks in its policy decisions, is likely to rise to 1.3 percent, the highest since April and also above market consensus of 1.2 percent.

The consumer price inflation in the Euro Area was confirmed at 0.7 percent year-on-year in October 2019, down from 0.8 percent in the previous month and the lowest since November 2016. Energy prices dropped at a faster pace while food and services inflation rates were unchanged. The core inflation, which excludes volatile prices of energy, food, alcohol & tobacco and at which the ECB looks in its policy decisions, was also confirmed at 1.1 percent. On a monthly basis, consumer prices advanced 0.1 percent, following a 0.2 percent increase in September and below market consensus of 0.2 percent.

The annual inflation rate in the Euro Area is expected to slow to 0.7 percent in October 2019 from 0.8 percent in the previous month, matching market expectations, a preliminary estimate showed. It was the lowest inflation rate since November 2016, as cost of energy dropped further.

The annual inflation rate in Euro Area dropped to 0.8 percent in September 2019 from 1 percent in the previous month, below a preliminary estimate and market expectations of 0.9 percent, final data showed. It was the lowest inflation rate since November 2016, as energy prices fell further. On a monthly basis, consumer prices advanced 0.2 percent, following a 0.1 percent increase in the August and matching a preliminary reading and forecasts.