Euro area annual inflation is expected to be 0.4% in September 2016, up from 0.2% in August 2016, 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 September (1.2%, compared with 1.1% in August), followed by food, alcohol & tobacco (0.7%, compared with 1.3% in August), non-energy industrial goods (0.3%, stable compared with August) and energy (-3.0%, compared with -5.6% in August).