Increase of inflation in Eurozone forecasted

Increase of inflation in Eurozone forecasted
  • Clock-gray 16:53
  • calendar-gray 29 November 2019

In November 2019 annual inflation in Eurozone is expected to be 1%, APA-Economics reports citing the reports of Eurostat.

As of October, this indicator was 0.7%.

Looking through the key components of inflation in Eurozone, the prices of  food, alcohol and tobacco are expected to be highest in November- 2% (this indicator was 1.5% in October).

Inflation in the service sector is expected to be 1.9% (it was 1.5% in October), while in non-oil industry 0.4% (0.3% in October). However, 3.2% deflation is forecasted in energy products in November (3.1% deflation in October)

APA-Economics

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