Euro area

Euro area annual inflation is expected to be 1.3 percent in June 2017, down from 1.4 percent in May 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 June (1.9 percent, compared with 4.5 percent in May), followed by services (1.6 percent , compared with 1.3 percent in May), food, alcohol & tobacco (1.4 percent , compared with 1.5 percent in May) and non-energy industrial goods (0.4 percent, compared with 0.3 percent in May).

Source: WAM