The annual Eurozone inflation rate stood at 1.4% in December 2017, compared to 1.5% in November, according to data published by the statistical office of the EU (Eurostat) on Wednesday 17 January.
At EU level, the inflation rate was 1.7% at the end of 2017, compared to 1.8% in November. It was negative in Cyprus (-0.4%). The lowest positive rates were observed in Ireland and Finland (0.5% each) and Denmark (0.8%). The highest annual rates were recorded in Lithuania and Estonia (3.8% each) and in the United Kingdom (3.0%).
Compared to November 2017, annual inflation was down in 23 member-states, unchanged in four and up in another.
The largest upwards impacts on the annual Eurozone inflation rate came from fuels for transport (+0.11%), tobacco (+0.06%) and milk, cheese & eggs (+0.05%), whilst telecommunications (-0.10%) and clothing and vegetables (-0.05% each) had the largest upwards impacts. (Original version in French by Mathieu Bion)