Annual inflation in the euro area was 0.1 percent in October this year, up from -0.1 percent in September, according to a report released by Eurostat, the Statistical Office of the European Communities. In October 2014, the annual inflation rate was 0.4 percent.
Meanwhile, in the European Union (EU-28) annual inflation was 0.0 percent in October, up from -0.1 percent in September. In October 2014, the annual inflation rate in the EU-28 was 0.5 percent.
In October this year, negative annual rates were observed in 13 states. The lowest inflation rates were observed in Cyprus (-1.8%), Romania (-1.4%), Bulgaria (-1.2%) and Slovenia (-0.9), while the highest were observed in Malta (1.6%), Belgium (1.2%), Sweden (0.9%) and Austria and Portugal (both 0.7%).