Eurostat Report: Bulgaria Among Few EU States Witnessing Coffee Price Hike in 2024
In March 2024, the annual increase in the consumer price of coffee in the EU decelerated to 1%, a notable slowdown compared to March 2023, when it surged by 13.5%
The euro area annual inflation rate was 1.0% in November 2019, up from 0.7% in October. A year earlier, the rate was 1.9%. European Union annual inflation was 1.3% in November 2019, up from 1.1% in October. A year earlier, the rate was 2.0%. These figures are published by Eurostat, the statistical office of the European Union.
The lowest annual rates were registered in Italy, Portugal (both 0.2%) and Belgium (0.4%). The highest annual rates were recorded in Romania (3.8%), Hungary (3.4%), Slovakia (3.2%) and Czechia (3.0%). Compared with October, annual inflation fell in five Member States, remained stable in two and rose in twenty.
In November, the highest contribution to the annual euro area inflation rate came from services (+0.82 percentage points, pp), followed by food, alcohol & tobacco (+0.37 pp), non-energy industrial goods (+0.10 pp) and energy (-0.33 pp), Eurostat data show.
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