EU annual inflation at 3.4 percent in November

Thursday, 15 December 2011 15:17:36 (GMT+2)   -  

Tags: Europe , economics , European Union | similar articles » SteelOrbis News

Annual inflation in the European Union was 3.4 percent in November this year, up from a revised 3.3 percent in October, according to a report released by Eurostat, the Statistical Office of the European Communities. In November 2010, the annual inflation rate was registered as 2.3 percent. Meanwhile, monthly inflation was 0.2 percent in November this year.

In November, the lowest annual inflation rates were observed in Sweden with 1.1 percent, in Ireland with 1.7 percent and in Malta with 1.5 percent, while the highest were seen in the United Kingdom and Slovakia with 4.8 percent, and in Estonia, Lithuania and Poland all with 4.4 percent.

The lowest 12-month averages up to the end of November were registered in Ireland at 1.1 percent, in Sweden at 1.5 percent and in the Czech Republic and Slovenia both at 2.1 percent, while the highest were recorded in Romania at 6.2 percent, in Estonia at 5.2 percent and in the United Kingdom with 4.4 percent.

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