Fabian Demicoli

Euro area November inflation: flash estimate up to 0.9%

Euro
area annual inflation is expected to be 0.9% in November 2013, up from 0.7% in
October, according to a flash estimate from Eurostat, the statistical office of
the European Union.

Looking at the main components of euro area inflation,
food, alcohol & tobacco is expected to have the highest annual rate in
November (1.6%, compared with 1.9% in October), followed by services (1.5%,
compared with 1.2% in October), non-energy industrial goods (0.3%, stable
compared with October) and energy (-1.1%, compared with -1.7% in October).

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