Eurozone: Inflation Continues to Decrease

Businessn.a. ♦ Published: November 4, 2013; 16:08 ♦ (Vindobona)

Euro area annual inflation down to 0.7 percent.

Eurozone: Inflation Continues to Decrease / Picture: © Vindobona.org

Euro area annual inflation is expected to be 0.7% in October 2013, down from 1.1% in September, 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 October (1.9%, compared with 2.6% in September), followed by…