Euro area annual inflation is expected to be 1.6 % in June 2013, up from 1.4 % in May, according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro area inflation, food, alcohol & tobacco is expected to have the highest annual rate in June (3.2 %, stable compared with May), followed by energy (1.6% compared with - 0.2% in May) services (1.4% compared with 1.5 % in May) and non - energy industrial goods (0.7% compared with 0.8% in May).
Source: Eurostat
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