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August 2019 – Annual inflation stable at 1.0% in the euro area – Stable at 1.4% in the EU

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The
euro area
annual inflation rate was 1.0% in August 2019, stable
compared to July. A year earlier, the rate was 2.1%. European
Union
annual inflation was 1.4% in August 2019, stable
compared to July. A year earlier, the rate was 2.2%. These figures are published by Eurostat, the statistical office of the
European Union
.

The lowest annual rates were registered
in Portugal (-0.1%), Greece (0.1%)
and Spain (0.4%). The highest annual rates were
recorded in Romania (4.1%), Hungary (3.2%),
the Netherlands and Latvia (both 3.1%). Compared with July, annual inflation fell in nine Member States, remained stable
in six and rose in twelve.

In August, the highest contribution to the annual euro area inflation rate came from services (+0.60 percentage points, pp), followed by food, alcohol & tobacco (+0.40 pp), non-energy industrial goods (+0.08 pp) and energy      (-0.06 pp).

Inflation rates (%) measured by the HICP

: not
available

The source dataset is available here.

Euro area inflation rate (%), selected aggregates

Contributions to the euro area annual inflation rate (pp), selected aggregates

The post August 2019 – Annual inflation stable at 1.0% in the euro area – Stable at 1.4% in the EU appeared first on maltawinds.com.

Original article found on Malta Winds

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