EU Annual Inflation Goes Down, Bulgaria Maintains Higher Rate

Politics » BULGARIA IN EU | July 15, 2009, Wednesday // 18:10
EU Annual Inflation Goes down, Bulgaria Maintains Higher Rate: EU Annual Inflation Goes Down, Bulgaria Maintains Higher Rate

The EU annual inflation was 0,6% in June 2009, down from 0,8% in May.

A year earlier the rate was 4,3%. Monthly inflation was 0,2% in June 2009.

The Euro Zone annual inflation was -0,1% in June 2009, down from 0.0% in May. A year earlier the rate was 4,0%. Monthly inflation was 0,2% in June 2009.

The data was released Wednesday by Eurostat, the Statistical Office of the European Communities.

In June 2009, the lowest annual rates were observed in Ireland (-2,2%), Portugal (-1,6%), Belgium, Spain and Luxembourg (-1,0% each), and the highest in Romania (5,9%), Poland (4,2%) and Lithuania (3,9%). Compared with May 2009, annual inflation fell in twenty-one Member States, remained stable in four and rose in one.

The lowest 12-month averages up to June 2009 were registered in Portugal (0,8%), Ireland (1,0%) and Germany (1,5%), and the highest in Latvia (10,0%), Lithuania (8,6%) and Bulgaria (7,3%).

 

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Tags: eurostat, Euro Area, euro zone, EU, inflation

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