FXStreet (Delhi) – Research Team at Societe Generale, do not expect any surprises in the final December euro area HICP inflation release, which should remain unchanged from its flash and November’s reading of 0.2% yoy. Key Quotes “Looking at the details, the energy component improved, rising from -7.3% yoy in November to -5.9% yoy, adding 15bp to the headline figure. However, food prices dipped from 1.5% yoy to 1.2% yoy, cutting 6bp from the headline figure. The core component remained stable at 0.9% yoy, with non-energy industrial goods prices remaining constant at 0.5% yoy and prices paid for services dipping marginally from 1.2% yoy in November to 1.1% yoy in December, cutting 4bp from the headline figure. We expect euro area HICP inflation to average 0.6% in 2016 and 1.6% in 2017, while the core metric should average 1.1% in 2016 and 1.3% in 2017.” For more information, read our latest forex news.