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Image header Agence Europe
Europe Daily Bulletin No. 11197
Contents Publication in full By article 10 / 31
ECONOMY - FINANCE / (ae) economy

Eurozone inflation of 0.4% in October confirmed

Brussels, 14/11/2014 (Agence Europe) - The increase in prices on an annual basis stood at 0.4% in the eurozone in October, compared to 0.3% in September, according to definitive figures published by the statistical office of the EU (Eurostat) on Friday 14 November.

At EU level, inflation grew by 0.4% to 0.5% between September and October.

Prices were down in five member states: Greece (-1.8%), Bulgaria (-1.5%), Hungary and Poland (-0.3% each) and Spain (-0.2%). The observed inflation was zero in Slovakia. It was highest in Romania (1.8%), Austria (1.4%) and Finland and the United Kingdom (1.2% each). Compared to September, annual inflation fell in eight member states, remained stable in three and rose in 16 others.

The steepest upwards increases to annual inflation in the eurozone were generated by restaurants and cafes (+0.08%), rents (+0.07%) and tobacco (+0.05%). Transport (-0.17%), telecommunications (-0.10%) and heating oil (-0.09%) had the biggest downward impacts. (MB)

 

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ECONOMY - FINANCE
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