EU: Inflation decreased by 1.7 %

BusinessEconomy ♦ Published: April 3, 2013; 19:48 ♦ (Vindobona)

Euro area annual inflation down to 1.7%

EU: Inflation decreased by 1.7 % / Picture: © Vindobona.org

Euro area annual inflation is expected to be 1.7% in March 2013, down from 1.8% in February, 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 March (2.7%, stable compared with February), followed by services…