Analytics, EU – Baltic States, Inflation
International Internet Magazine. Baltic States news & analytics
Saturday, 20.04.2024, 13:55
Latvia registers EU's eleventh lowest inflation in January
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The eurozone's annual inflation in February was 0.7%, compared to 0.8% in January. The EU's average inflation reduced from 0.9% to 0.8% in February.
The lowest annual inflation in February was registered in Ireland, Spain and Sweden – 0.1% each, followed Slovenia – 0.2%, the Czech Republic, Lithuania, Denmark and Hungary – 0.3% each.
The highest annual inflation was registered in Malta and Finland – 1.6% each, and Austria – 1.5%.
Compared to January, annual inflation decreased in seventeen EU member states, remained unchanged in three and increased in seven.
In the meantime, Bulgaria recorded 2.1% annual deflation, Cyprus – 1.3%, Greece – 0.9%, Croatia – 0.2%, and Portugal and Slovakia – 0.1% deflation each.
Annual inflation in Estonia was 1.1% in February.
Compared to the previous month, consumer prices increased 0.3% in both the euro area and the EU.
Consumer prices in Latvia and Lithuania remained unchanged from January, whereas Estonia recorded 0.2% inflation.
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