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Image header Agence Europe
Europe Daily Bulletin No. 8257
Contents Publication in full By article 35 / 36
GENERAL NEWS / (eu) eu/economy

Euro-zone annual inflation down in June

Luxembourg, 17/07/2002 (Agence Europe) - According to data published by Eurostat on Wednesday the Euro-zone annual inflation fell from 2.0% in May to 1.8% in June. A year earlier the rate was 3.0%. EU15 annual inflation fell from 1.8% in May to 1.6% in June. A year earlier the rate was 2.8%. In June 2002, highest annual rates were in Ireland (4.5%), the Netherlands (3.9%) and Greece (3.6%); lowest rates were in the United Kingdom (0.6%), Germany (0.7%) and Belgium (0.8%). Compared with May 2002, annual inflation fell in nine Member States, rose in three and remained stable in three. Compared with June 2001, the biggest relative falls were in Germany (3.1% to 0.7%), Belgium (3.0% to 0.8%) and the United Kingdom (1.7% to 0.6%). The only relative rise was in Ireland (4.3% to 4.5%). Lowest 12-month averages up to June 2002 were in the United Kingdom (1.2%), Luxembourg and Germany (1.8% each); highest were in the Netherlands (4.7%), Ireland (4.4%) and Greece (3.9%).

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