Euro area annual inflation is expected to be 0.8% in February 2014, stable compared with January, according to a flash estimate4 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 February (1.5%, compared with 1.7% in January), followed by services (1.3%, compared with 1.2% in January), non-energy industrial goods (0.6%, compared with 0.2% in January) and energy (-2.2%, compared with -1.2% in January). (full story)