BRUSSELS: Euro area annual inflation is expected to be 2.4% in March 2024, down from 2.6% in February 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 March (4.0%, stable compared with February), followed by food, alcohol and tobacco (2.7%, compared with 3.9% in February), non-energy industrial goods (1.1%, compared with 1.6% in February) and energy (-1.8%, compared with -3.7% in February).

Source: Emirates News Agency