Euro area annual inflation is expected to be minus 0.3 percent in December 2020, marking it stable compared to November according to a flash estimate from Eurostat. Looking at the main components of euro area inflation, food, alcohol & tobacco is expected to have the highest annual rate in December (1.4 percent, compared with 1.9 percent in November), followed by services (0.7 percent, compared with 0.6 percent in November), non-energy industrial goods (-0.5 percent, compared with -0.3 percent in November) and energy (-6.9 percent, compared with -8.3 percent in November), informed Eurostat.
