Eurozone: Inflation Decreased Slightly

BusinessEconomy ♦ Published: April 30, 2013; 12:33 ♦ (Vindobona)

Euro area annual inflation down to 1.2%

Eurozone: Inflation Decreased Slightly / Picture: ©

Euro area annual inflation is expected to be 1.2% in April 2013, down from 1.7% in March, 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 April (2.9% compared with 2.7% in March), followed by services (1.1%…