.jpg)
Euro area1 annual inflation2 is expected to be 2.2% in December 2012, the same as in November3, according to a flash estimate from Eurostat, the statistical office of the European Union.
Looking at the main components of euro area inflation, energy (5.2% compared with 5.7% in November) is expected to have the highest annual ratein December, followed by food, alcohol & tobacco (3.1% compared with 3.0% in November), services (1.8%, compared with 1.6% in November) andnon-energy industrial goods (1.1%, stable compared with November).
Euro area annual inflation and its components, %
|
Weight used in 2012 |
Dec 2011 |
Jul 2012 |
Aug 2012 |
Sep 2012 |
Oct 2012 |
Nov 2012 |
Dec 2012 |
|
|
All-items HICP |
1000.0 |
2.7 |
2.4 |
2.6 |
2.6 |
2.5 |
2.2p |
2.2e |
|
Food, alcohol & tobacco |
190.7 |
3.1 |
2.9 |
3.0 |
2.9 |
3.1 |
3.0p |
3.1e |
|
Energy |
109.9 |
9.7 |
6.1 |
8.9 |
9.1 |
8.0 |
5.7p |
5.2e |
|
Non-energy industrial goods |
284.7 |
1.2 |
1.5 |
1.1 |
1.2 |
1.1 |
1.1p |
1.1e |
|
Services |
414.7 |
1.9 |
1.8 |
1.8 |
1.7 |
1.7 |
1.6p |
1.8e |
e Eurostat estimate p provisional
Scheduled publication dates
|
Index for |
Euro area flash estimates |
News release on euro area, EU and Member States |
|
December 2012 |
- |
16 January 2013 |
|
January 2013 |
1 February 2013 |
28 February 2013 |
|
February 2013 |
1 March 2013 |
15 March 2013 |
-
The Member States participating in the euro area are Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Italy, Cyprus, Luxembourg,Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland.
-
Annual inflation is the change of the price level between the current month and the same month of the previous year.
-
See News Release 181/2012 of 14 December 2012.
