Analytics, EU – Baltic States, Inflation
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Wednesday, 24.04.2024, 11:48
Balts' annual inflation remains EU's highest in May
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In May, inflation stood at 3.5% in Lithuania and 3.1% in Latvia and Estonia
each, the EU statistics agency said.
Annual increase in prices was recorded in all countries of the EU in March,
except for Ireland where prices declined by 0.6% year-on-year. Across the EU,
annual inflation stood at 1.4% in May, reported at 1.3% in the euro area.
The
lowest inflation rate was reported by Denmark (+0.4%), Romania (0.7%) and
France (+0.8%).
In
June 2016, annual inflation rate was 0.1% both in the EU and the eurozone.
Compared
to May 2017, consumer prices in the EU and the eurozone remained stable.
In
monthly terms, consumer prices in Latvia, just like in Croatia, rose by 0.4%.
Estonia, as well as in Ireland, Spain, Hungary and Sweden, recorded a 0.1%
monthly inflation, and Lithuania and Germany reported a 0.2% inflation.
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