4-1-2013 — /europawire.eu/ — 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.
| Issued by Eurostat Press OfficeLouise CORSELLI-NORDBLADTel: +352-4301-33 444eurostat-pressoffice@ec.europa.eu | For further information on data:Jarko PASANENTel: +352-4301-36 425estat-prc-stats-methods@ec.europa.eu |
Eurostat News Releases on the internet: http://ec.europa.eu/eurostat
Selected Principal European Economic Indicators: http://ec.europa.eu/eurostat/euroindicators
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