The FINANCIAL — Euro area annual inflation is expected to be -0.1% in May 2016, up from -0.2% in April, according to a flash estimate from Eurostat, the statistical office of the European Union.
Looking at the main components of euro area inflation, services is expected to have the highest annual rate in May (1.0%, compared with 0.9% in April), followed by food, alcohol & tobacco (0.8%, stable compared with April), non- energy industrial goods (0.5%, stable compared with April) and energy (-8.1%, compared with -8.7% in April).
