News

Euro Area Inflation Rate at 9-Month High in January
The Euro Area inflation rate is expected to edge up to 1.4 percent in January 2020 from 1.3 percent in the previous month, in line with market expectations, a preliminary estimate showed. It is the highest inflation rate since April, as prices should increase at a faster pace for food, alcohol & tobacco (2.2 percent vs 2.0 percent in December) and energy (1.8 percent vs 0.2 percent). Meantime, inflation should be steady for non-energy industrial goods (at 0.5 percent) while services cost is expected to slow (1.5 percent vs 1.8 percent). 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 fall to 1.1 percent, the lowest since October and below market consensus of 1.2 percent.
Published on 2020-01-31

Eurozone Inflation Rate Confirmed at 6-Month High
Eurozone inflation rate was confirmed at 1.3 percent year-on-year in December 2019, the highest level since June and compared to November's 1.0 percent. Energy prices rebounded from a sharp decline (0.2 percent vs -3.2 percent), while faster increases were seen in costs of non-energy industrial goods (0.5 percent vs 0.4 percent) and unprocessed food (2.1 percent vs 1.8 percent). Meanwhile, services prices were 1.8 percent higher, compared to November's 1.9 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 rose 0.3 percent, reversing a 0.3 percent drop in November and in line with market consensus.
Published on 2020-01-17

Euro Area Inflation Rate At 6-Month High in December
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.
Published on 2020-01-07

Eurozone Inflation Rate Confirmed at 1%
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.
Published on 2019-12-18

Eurozone Inflation Accelerates More than Expected
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.
Published on 2019-11-29

Eurozone October Inflation Confirmed at 3-Year Low
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.
Published on 2019-11-15

Eurozone Inflation Rate Eases to Near 3-Year Low
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.
Published on 2019-10-31

Eurozone September Inflation Rate Revised Down to 0.8%
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.
Published on 2019-10-16

Eurozone Inflation Rate Unexpectedly Slows
The annual inflation rate in the Euro Area is expected to ease to 0.9 percent in September 2019 from 1 percent in the previous month and slightly below market expectations of 1 percent, a preliminary estimate showed. It was the lowest inflation rate since November 2016, amid a slowdown in cost of food, alcohol & tobacco and a further fall in prices of energy. 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 increase to 1 percent from 0.9 percent in August, in line with forecasts.
Published on 2019-10-01

Eurozone Inflation Rate Steady at Near 3-Year Low
The annual inflation rate in Euro Area was at 1 percent in August 2019, unchanged from the previous month and in line with a preliminary estimate and market expectations, final data showed. It remained the lowest inflation rate since November 2016, as energy prices fell while cost of food, alcohol & tobacco rose further.
Published on 2019-09-18

Eurozone Inflation Rate Steady at Near 3-Year Low
The annual inflation rate in the Euro Area came in at 1 percent in August 2019, unchanged from the previous month and in line with market consensus, a preliminary estimate showed. It remained the lowest inflation rate since November 2016, as cost of energy is expected to fall while prices of food, alcohol & tobacco and services are seen rising further.
Published on 2019-08-30

Eurozone July Inflation Rate Revised Down to 3-Year Low
The annual inflation rate in Euro Area decreased to 1 percent in July of 2019 from 1.3 percent in the previous month and below preliminary estimates of 1.1 percent. It was the lowest inflation since November of 2016, as cost went up at a softer pace for energy and services.
Published on 2019-08-19

Eurozone Inflation Rate at Near 1-1/2-Year Low
The annual inflation rate in the Euro Area is expected to fall to 1.1 percent in July of 2019 from 1.3 percent in the previous month and in line with market expectations, a preliminary estimate showed. It is the lowest inflation rate since February last year, mainly due to a slowdown in cost of energy and services.
Published on 2019-07-31

Eurozone June Inflation Rate Revised Up to 1.3%
The annual inflation rate in the Euro Area rose to 1.3 percent in June 2019, slightly above a preliminary and market expectations of 1.2 percent. Cost advanced at a faster pace for food, alcohol & tobacco and services. Core inflation rate was confirmed at 1.1 percent, up from 0.8 percent in the previous month.
Published on 2019-07-17

Eurozone June Inflation Rate Steady at 1.2%
The annual inflation rate in the Euro Area stood at 1.2 percent in June 2019, unchanged from the previous month and in line with market expectations, a preliminary estimate showed. It remained the lowest inflation rate since April last year, due to a slowdown in cost of energy.
Published on 2019-06-28

Eurozone Inflation Confirmed at Over 1-Year Low
The annual inflation rate in the Euro Area fell to 1.2 percent in May 2019 from 1.7 percent in the previous month and matching a preliminary estimate and market expectations. It is the lowest inflation rate since April last year, amid a slowdown in cost of energy and services.
Published on 2019-06-18

Eurozone May Inflation Rate at Over 1-Year Low of 1.2%
The annual inflation rate in the Euro Area is expected to fall to 1.2 percent in May 2019 from 1.7 percent in the previous month and below market expectations of 1.3 percent, a preliminary estimate showed. It is the lowest inflation rate since April last year, mainly due to a slowdown in cost of energy and services.
Published on 2019-06-04

Eurozone April Inflation Rate Confirmed at 5-Month High
The annual inflation rate in the Euro Area rose to 1.7 percent in April 2019 from 1.4 percent in the previous month and in line with the preliminary estimate and market expectations, final data showed. It is the highest inflation rate in five months, mainly driven by cost of services.
Published on 2019-05-17

Eurozone April Inflation Rate Rises Above Forecasts
The annual inflation rate in the Euro Area is expected to rise to 1.7 percent in April 2019 from 1.4 percent in the previous month and above market expectations of 1.6 percent, a flash estimate showed. It is the highest inflation rate in five months, mainly boosted by cost of energy and services.
Published on 2019-05-03

Euro Area March Inflation Rate Confirmed at 1.4%
The annual inflation rate in the Euro Area fell to 1.4 percent in March 2019 from 1.5 percent in the previous month, in line with the preliminary estimate and market expectations, final data showed. Prices slowed for food, alcohol & tobacco; services and non-energy industrial goods.
Published on 2019-04-17