Euro Area Inflation Rate Slows in June

The inflation rate in the Eurozone is expected to be 0.2 percent in June, in line with market expectations but slowing from 0.3 percent in May, due to a steeper drop in energy prices.

Looking at the main components of euro area inflation, food, alcohol & tobacco is expected to have the highest annual rate in June (1.2 percent, stable compared with May), followed by services (1.0 percent, compared with 1.3 percent in May), non-energy industrial goods (0.4 percent, compared with 0.2 percent in May) and energy (-5.1 percent, compared with -4.8 percent in May). 

Core inflation rate which excludes prices of energy, food, alcohol and tobacco is expected to slow to 0.8 percent from 0.9 percent in May. 

Excluding energy, consumer prices rose 0.9 percent, less than 1 percent in the previous month.

Euro Area Inflation Rate Slows in June

Eurostat | Joana Taborda |
6/30/2015 10:12:33 AM