Eurozone: Inflation Remains Stable

Businessn.a. ♦ Published: August 1, 2013; 13:02 ♦ (Vindobona)

Flash estimates show the Euro area annual inflation is stable at 1.6 percent.

Eurozone: Inflation Remains Stable / Picture: ©

Euro area annual inflation is expected to be 1.6% in July 2013, stable compared with June, 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 July (3.5% compared with 3.2% in June), followed by energy (1.6%,…