According to figures published by the Statistical Office of the European Union (Eurostat) on Tuesday 23 February (see EUROPE B12650A29), the annual inflation rate in the euro area was 0.9% in January 2021, compared to -0.3% in December.
The rate for the European Union was 1.2%, compared to 0.3% in December.
The lowest annual rates were noted in Greece (-2.4%), Slovenia (-0.9%) and Cyprus (-0.8%). The highest rates were recorded in Poland (3.6%), Hungary (2.9%) and the Czech Republic (2.2%)....