Euroarea inflation at 1,4% in January, 0.6% in Cyprus – GDP up by 0.1% in both euro area and EU28

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Euro area annual inflation is expected to be 1.4% in January 2020, up from 1.3% in December, according to a preliminary flash estimate published by Eurostat, the statistical office of the European Union. Inflation in Cyprus is estimated to 0.6% in January 2020, down from 0.7% in December 2019 and 2.1% in January 2019.Looking at the main components of euro area inflation, food, alcohol & tobacco is expected to have the highest annual rate in January (2.2%, compared with 2.0% …

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