Euro area annual inflation stable at 1.3%

Euro area annual inflation is expected to be 1.3% in July 2017, stable compared with June 2017, according to a
flash estimate from Eurostat, the statistical office of the European Union.
Looking at the main components of euro area inflation, energy is expected to have the highest annual rate in July
(2.2%, compared with 1.9% in June), followed by services (1.5%, compared with 1.6% in June), food, alcohol &
tobacco (1.4%, stable compared with June) and non-energy industrial goods (0.5%, compared with 0.4% in June)….(continue)