EU, euro zone annual inflation negative in December 2014 – Eurostat

Written by on January 16, 2015 in Business - Comments Off on EU, euro zone annual inflation negative in December 2014 – Eurostat

European Union annual inflation was -0.1 per cent in December 2014, down from one per cent in December 2013, EU statistics office Eurostat said on January 16.

Euro zone annual inflation was -0.2 per cent in December 2014, the lowest rate recorded since September 2009. In December 2013 the annual inflation rate in the euro zone was 0.8 per cent.

Eurostat reported annual inflation in Bulgaria in December 2014 as -2 per cent, down from -0.9 per cent in December 2013.

In December 2014, negative annual rates were observed in 16 EU countries, Eurostat said.

The lowest annual rates were registered in Greece (-2.5 per cent), Bulgaria (-2 per cent), Spain (-1.1 per cent) and Cyprus (-1 per cent).

The highest annual rates were recorded in Romania (one per cent), Austria (0.8%) and Finland (0.6%).

Compared with November 2014, annual inflation fell in 26 EU member states, remained stable in Sweden and rose in Estonia.

(Photo: Sanja Gjenero/sxc.hu)

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