Euro area annual inflationstable at -0.3%

Euroareaannual inflationis expected to be-0.3% in November 2020, stable compared to Octoberaccording to aflashestimate 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 November (1.9%,compared with 2.0% in October), followed by services (0.6%, compared with 0.4% in October), non-energy industrial goods (-0.3%, compared with -0.1% in October) and energy (-8.4%, compared with -8.2 in October.

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