Euro Annual Inflation 0.7 Percent in February

Euro area1 annual inflation was 0.7% in February 2014, down from 0.8% in January. A year earlier the rate was 1.8%. Monthly inflation was 0.3% in February 2014.

European Union annual inflation was 0.8% in February 2014, down from 0.9% in January. A year earlier the rate was 2.0%. Monthly inflation was 0.3% in February 2014.

These figures come from Eurostat, the statistical office of the European Union.

In February 2014, negative annual rates were observed in Bulgaria (-2.1%), Cyprus (-1.3%), Greece (-0.9%), Croatia (-0.2%), Portugal and Slovakia (both -0.1%). The highest annual rates were recorded in Malta and Finland (both 1.6%) and Austria (1.5%).

Compared with January 2014, annual inflation fell in seventeen Member States, remained stable in three and rose in seven. The lowest 12 month average rates up to February 2014 were registered in Greece (-1.1%), Bulgaria (-0.3%) and Cyprus (-0.2%), and the highest in Estonia (2.8%), Romania (2.6%), the Netherlands and Finland (both 2.1%).

via EuroStat

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