KEYWORDS TODAY:   KOSTOVISLAMIC STATEWESTERN BALKANSUKRAINEMINIMUM WAGE

Bulgaria Records Highest Annual Deflation Levels in EU

Business » FINANCE | July 17, 2014, Thursday // 17:18| Views: 1312 | Comments: 0
  • Send to Kindle
Bulgaria: Bulgaria Records Highest Annual Deflation Levels in EU File photo.

The annual inflation in the Euro Area was 0.5% in June 2014, stable compared with May, data released by Eurostat,the statistical office of the European Union showed.

A year earlier the rate was 1.6%. The monthly inflation was 0.1% in June 2014. European Union annual inflation was 0.7% in June 2014, up from 0.6% in May. A year earlier the rate was 1.7%. The monthly inflation was 0.1% in June 2014.

In June 2014, negative annual rates were observed in Bulgaria (-1.8%), Greece (-1.5%), Portugal (-0.2%), Hungary and Slovakia (both -0.1%).

The highest annual rates were recorded in the United Kingdom (1.9%), Austria (1.7%) and Luxembourg (1.2%).

Compared with May 2014, annual inflation has dropped in ten Member States, remained stable in four and rose in fourteen, the Eurostat reports.

Finance » Be a reporter: Write and send your article
Tags: Bulgaria, eurostat, inflation, negative annual rates
Expats.bg All Are Welcome! Join Now!

Leave a comment


Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria