Euro area annual inflation up to 1.0%
According to the data published by Eurostat, the statistical office of the European Union, Euro Area annual inflation is expected to be 1.0% in November 2019, up from 0.7% in October. Looking at the main components of euro area inflation, food, alcohol & tobacco is expected to have the highest annual rate in November (2.0%, compared with 1.5% in October), followed by services (1.9%, compared with 1.5% in October), non-energy industrial goods (0.4%, compared with 0.3% in October) and energy (-3.2%, compared with -3.1% in October).
Source: Eurostat / Link: https://ec.europa.eu/eurostat/documents/2995521/10075427/2-29112019-AP-EN.PDF/734bb605-7201-a8d3-c6ad-c30119c6a638
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