403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
Euro Area Annual Inflation Falls To 1.7 Percent
(MENAFN- Kuwait News Agency (KUNA))
BRUSSELS, Feb 4 (KUNA)--The European Statistical Office (Eurostat) announced on Wednesday that the annual inflation rate in the euro area is expected to reach 1.7 percent in January 2026, down from 2.0 percent in December, according to its flash estimate.
Eurostat explained in a report that the services sector is expected to record the highest annual inflation rate in January at 3.2 percent, compared with 3.4 percent in December, followed by food, tobacco and alcohol at 2.7 percent, compared with 2.5 percent in the previous month.
It added that non-energy industrial goods recorded an annual inflation rate of 0.4 percent in January, compared with 0.3 percent in December, while energy prices declined by 4.1 percent on an annual basis, compared with a decrease of 1.9 percent in December. (end)
arn
Eurostat explained in a report that the services sector is expected to record the highest annual inflation rate in January at 3.2 percent, compared with 3.4 percent in December, followed by food, tobacco and alcohol at 2.7 percent, compared with 2.5 percent in the previous month.
It added that non-energy industrial goods recorded an annual inflation rate of 0.4 percent in January, compared with 0.3 percent in December, while energy prices declined by 4.1 percent on an annual basis, compared with a decrease of 1.9 percent in December. (end)
arn
.jpg)
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
More Story
Comments
No comment