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Image header Agence Europe
Europe Daily Bulletin No. 10533
ECONOMY - FINANCE / (ae) economy

Eurozone inflation falls to 2.7%

Brussels, 17/01/2012 (Agence Europe) - Annual inflation in the eurozone stood at 2.7% in December 2011, compared with 3.0% in November 2011 and 2.2% in December 2010. Monthly inflation stood at 0.3% in December 2011, explained Eurostat in figures published on Tuesday 17 January 2012.

Annual EU27 inflation stood at 3.0% in December 2011 compared with 3.4% in November. In December 2010, it was 2.7%. Monthly inflation stood at 0.3% in December 2011. In December 2011, the lowest annual inflation rates were in Sweden (0.4%), Malta (1.3%) and Bulgaria (2.0%), and the highest in Slovakia (4.6%), Poland (4.5%) and Cyprus (4.2%). Compared with November 2011, annual inflation fell in 21 member states, remained unchanged in two and increased in two. The lowest 12-month average inflation rates in December 2011 were in Sweden (1.4%) Slovenia and the Czech Republic (both 2.1%) and the highest in Romania (5.8%) Estonia (5.1%) and Latvia (4.2%). (LC/transl.fl)

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