Table 1.

Average inflation in the euro area in February and March 2020

Inflation in terms of HICP	February 2020 vs. February 2019		March 2020 vs. March 2019		Percentage change from February to March 2020
All items	+1.2	%	+0.7	%	−42	%
of that:
Food, alcohol & tobacco	+2.1	%	+2.4	%	+14	%
Services	+1.6	%	+1.3	%	−19	%
Non-energy industrial goods	+0.5	%	+0.5	%	0	%
Energy	−0.3	%	−4.3	%	−1333	%

Source: Authors’ calculations based on Eurostat (2020a)

Notes: Details on the construction of the HICP can be found in Eurostat (2018)