Euro area annual inflation stable at 0.2 percent in August

Friday, 16 September 2016 16:45:11 (GMT+3)   |   Istanbul
       

Annual inflation in the euro area was 0.2 percent in August this year, remaining stable compared to July, according to a report released by Eurostat, the Statistical Office of the European Communities. In August 2015, the annual inflation rate was 0.1 percent.
 
Meanwhile, in the European Union (EU-28) annual inflation was 0.3 percent in August, up from 0.2 percent in July. In August 2015, the annual inflation rate in the EU-28 was 0.0 percent.

In August this year, negative annual rates were observed in 12 states in the EU-28. The lowest inflation rates were observed in Croatia (-1.5%), Bulgaria (-1.1%) and Slovakia (-0.8%), while the highest were observed in Belgium (2.0%), Sweden (1.2%) and Estonia (1.1%).

Similar articles

Traders at IREPAS: Global demand to be supplied locally, market conditions lead to regionalization

30 Apr | Steel News

Swiss Steel’s Ugitech to decarbonize operations using green hydrogen

30 Apr | Steel News

Producers at IREPAS: Low demand and Chinese exports weigh heavily on global steel market

30 Apr | Steel News

EUROFER: EU’s finished steel exports down 2% in Jan-Feb

30 Apr | Steel News

EUROFER: EU’s steel imports from Turkey up sharply in Jan-Feb

30 Apr | Steel News

EUROFER: Apparent steel consumption in EU to recover at slower rate in 2024

29 Apr | Steel News

Yuan Wenjiong at IREPAS: Weak domestic demand and struggling real estate sector weigh on Chinese steel market

29 Apr | Steel News

Ulrich Leuchtmann at IREPAS: Inflation rates after pandemic fail to fall as much as expected

29 Apr | Steel News

Thyssenkrupp Steel to transfer 20% stake to energy company EPCG

29 Apr | Steel News

IREPAS chairman: China’s exports rising, EU demand will not recover before H2

29 Apr | Steel News