Monday, 19 April 2021
Annual inflation up to 0.9% in the euro area Image by klimkin from Pixabay

Annual inflation up to 0.9% in the euro area

By  The Dubrovnik Times Feb 27, 2021

The euro area annual inflation rate was 0.9% in January 2021, up from -0.3% in December. A year earlier, the rate was 1.4%. European Union annual inflation was 1.2% in January 2021, up from 0.3% in December. A year earlier,the rate was 1.7%. These figures are published by Eurostat, the statistical office of the European Union.

The lowest annual rates were registered in Greece (-2.4%), Slovenia (-0.9%) and Cyprus (-0.8%). The highest annual rates were recorded in Poland (3.6%), Hungary (2.9%) and Czechia (2.2%). Compared with December, annual inflation fell in three Member States, remained stable in six and rose in eighteen.

In January, the highest contribution to the annual euro area inflation rate came from services (+0.65 percentage points, pp), followed by non-energy industrial goods (+0.37 pp), food, alcohol & tobacco (+0.30 pp) and energy (-0.41 pp).

 

The Voice of Dubrovnik

THE VOICE OF DUBROVNIK


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