According to a flash estimate from Eurostat, the statistical office of the European Union, euro area annual inflation is expected to be 1.7% in April 2019, up from 1.4% in March. Economists had expected a 1.6% increase

Looking at the main components of euro area inflation, energy is expected to have the highest annual rate in April (5.4%, compared with 5.3% in March), followed by services (1.9%, compared with 1.1% in March), food, alcohol & tobacco (1.5%, compared with 1.8% in March) and non-energy industrial goods (0.2%, compared with 0.1% in March).