European Inflation 0.9%

Euro area annual inflation was 0.7% in October down from 1.1% in September 2013 while European Union inflation was 0.9% down from 1.3%. Euro area monthly inflation was -0.1% in October and monthly inflation in the European Union as a whole was -0.1% in October.

Annual Inflation Increase In Both Zones

European annual inflation increased in both zones in June 2013 compared to May going up 1.6% in the euro area and 1.7% in the EU27. Monthly inflation increased by 0.1% in both zones in June. Romania had the highest annual rate with 4.5% and Greece the lowest with -0.3%. The lowest 12 month average rate was in Greece with 0.2% and Romania the highest 4.5%.