Friday 19 December 2014

Inflation Down By 0.1% In Europe

Consumer inflation fell in both areas of the EU in November according to a statistical bulletin from Eurostat. Inflation in the euro area fell by 0.1% from 0.4% in October to 0.3% in November 2014. In the EU28 similarly the rate of inflation fell from 0.5% in October to 0.4% in November.

There were negative annual rates in Bulgaria, Greece, Spain and Poland with Bulgaria showing a rate of -1.9%. The highest rates were in Romania and Austria with annual rates of 1.5% and Finland on 1.1%.

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