Euro Area headline inflation likely to miss ECB's target

Overall, Euro area's headline inflation is likely to miss the ECB's target for a long period. 

It may take a long time, certainly longer than envisaged by the ECB (September 2016), for headline and core inflation to return to a sustained path that is consistent with its medium-term inflation target. 

"Taking into account the latest climb in Brent Crude oil prices, the Euro area's headline HICP inflation is expected to average 0.1% this year and +1.0% next year", says Barclays.