Euro area inflation at 0.9% in January 2021, -0.6% in Cyprus

euro-area-inflation-at-09%-in-january-2021,-0.6%-in-cyprus
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Euro area annual inflation is expected to be 0.9% in January 2021, up from -0.3% in December, 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 and tobacco is expected to have the highest annual rate in January (1.5%, compared with 1.3% in December), followed by services (1.4%, compared with 0.7% in December), non-energy industrial goods (1.4%, compared with -0.5% in December) and energy (-4.1%, …

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