Analytics, EU – Baltic States, Inflation

International Internet Magazine. Baltic States news & analytics Monday, 18.06.2018, 19:55

Balts' annual inflation remains EU's highest in May

BC, Vilnius, 17.07.2017.Print version
The harmonized annual inflation in the Baltic states remained the highest in the European Union (EU) in May 2017, Eurostat said on July 1th, reports LETA/BNS.

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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