Brussels, 17/12/2014 (Agence Europe) - Eurozone annual inflation stood at 0.3% in November, down from October (0.4%), according to the definitive figures published by the statistical office of the EU (Eurostat), on Wednesday 17 December.
In the EU28, inflation was 0.4% in November, 0.5% in October.
In November, deflation was observed in Bulgaria (-1.9%), Greece (-1.2%), Spain (-0.5%) and Poland (-0.3%). Inflation was zero in Estonia, Cyprus and Slovakia and minimal (0.1%) in four countries (Belgium, Portugal, Hungary and Slovenia). The highest inflation rates were to be seen in Romania and Austria (1.5% each), the United Kingdom (1.3%) and Finland (1.1%). Compared to October, inflation was down in 16 countries, stable in five and up in six.
In the eurozone, the largest upward impacts on inflation came from restaurants and cafes (+0.09%), rents (+0.08%) and tobacco (+0.06%), whilst fuels for transport (-0.22%), telecommunications and heating oil (-0.09% each) had the biggest downward impacts. (MB)