Euro area annual inflation rises to 0.2 percent in July

Annual inflation in the euro area was 0.2 percent in July this year, up from 0.1 percent in June, according to a report released by Eurostat, the Statistical Office of the European Communities. In July 2015, the annual inflation rate was 0.2 percent, too.

 

Meanwhile, in the European Union (EU-28) annual inflation was also 0.2 percent in July, up from 0.1 percent in June. In July 2015, the annual inflation rate in the EU-28 was 0.2 percent.

In July this year, negative annual rates were observed in 12 states in the EU-28. The lowest inflation rates were observed in Bulgaria and Croatia (both -1.1%) and Slovakia (-0.9%), while the highest were observed in Belgium (2.0%), Sweden (1.1%) and Malta (0.9%).