Eurozone annual inflation down to 0.3%

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The eurozone annual inflation is expected to be 0.3% in November 2014, down from 0.4% in October, according to a flash estimate from Eurostat, the statistical office of the European Union.

Looking at the main components of eurozone inflation, services is expected to have the highest annual rate in November (1.1%, compared with 1.2% in October), followed by food, alcohol & tobacco (0.5%, stable compared with October), non-energy industrial goods (0.0%, compared with -0.1% in October) and energy (-2.5%, compared with -2.0% in October).

 

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