Euro area annual inflation up to 0.0%

The FINANCIAL — Euro area annual inflation is expected to be 0.0% in April 2015, up from -0.1% in March, according to a flash estimate from Eurostat, the statistical office of the European Union.

Looking at the main components of euro area inflation, services (0.9%, compared with 1.0% in March) and food, alcohol & tobacco (0.9%, compared with 0.6% in March) are expected to have the highest annual rates in April, followed by non-energy industrial goods (0.1%, compared with 0.0% in March) and energy (-5.8%, compared with -6.0% in March).