4 January 2013
Flash estimate - December 2012
Euro area inflation estimated at 2.2%
Euro area1 annual inflation2 is expected to be 2.2% in December 2012, the same as in November3, according to a flash estimate from Eurostat, the statistical office of the European Union.
Looking at the main components of euro area inflation, energy (5.2% compared with 5.7% in November) is expected to have the highest annual rate in December, followed by food, alcohol & tobacco (3.1% compared with 3.0% in November), services (1.8%, compared with 1.6% in November) and non-energy industrial goods (1.1%, stable compared with November).
Euro area annual inflation and its components, %
Weight used in 2012 | Dec 2011 | Jul 2012 | Aug 2012 | Sep 2012 | Oct 2012 | Nov 2012 | Dec 2012 | |
All-items HICP | 1000.0 | 2.7 | 2.4 | 2.6 | 2.6 | 2.5 | 2.2p | 2.2e |
Food, alcohol & tobacco | 190.7 | 3.1 | 2.9 | 3.0 | 2.9 | 3.1 | 3.0p | 3.1e |
Energy | 109.9 | 9.7 | 6.1 | 8.9 | 9.1 | 8.0 | 5.7p | 5.2e |
Non-energy industrial goods | 284.7 | 1.2 | 1.5 | 1.1 | 1.2 | 1.1 | 1.1p | 1.1e |
Services | 414.7 | 1.9 | 1.8 | 1.8 | 1.7 | 1.7 | 1.6p | 1.8e |
e Eurostat estimate p provisional
Scheduled publication dates
Index for | Euro area flash estimates | News release on euro area, EU and Member States |
December 2012 | - | 16 January 2013 |
January 2013 | 1 February 2013 | 28 February 2013 |
February 2013 | 1 March 2013 | 15 March 2013 |
The Member States participating in the euro area are Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Italy, Cyprus, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland.
Annual inflation is the change of the price level between the current month and the same month of the previous year.
See News Release 181/2012 of 14 December 2012.
Issued by Eurostat Press Office Louise CORSELLI-NORDBLAD Tel: +352-4301-33 444 | For further information on data: Jarko PASANEN Tel: +352-4301-36 425 |
Eurostat News Releases on the internet: http://ec.europa.eu/eurostat
Selected Principal European Economic Indicators: http://ec.europa.eu/eurostat/euroindicators
