Inflation increased in the euro area and in the EU in February
Euro area’s annual inflation became 2.0 percent in February 2017, up from the 1.8 percent in January. In February 2016 the rate was -0.2 percent. European Union annual inflation was 1.9 percent in February 2017, up from 1.7 percent in January. A year earlier the rate was -0.1 percent. These figures come from Eurostat, the statistical office of the European Union.
In February 2017, the lowest annual rates were registered in Ireland (0.3%), Romania (0.5%), Bulgaria and Denmark (both 0.9%). The highest annual rates were recorded in Estonia (3.4%), Belgium (3.3%), Latvia and Lithuania (both 3.2%). Compared with January 2017, annual inflation fell in three Member States and increased in twenty-four. (MTI)
Related news
György Raskó: the purchase of basic foodstuffs is also a serious challenge for many Hungarian households
The serious problem of impoverishment is still noticeable among the…
Read more >According to international financial institutions, Hungary is returning to the path of economic growth
According to the forecasts of the international financial institutions, the…
Read more >In the OECD, inflation stagnated in February
In the countries belonging to the Organization for Economic Cooperation…
Read more >Related news
IGD: Retail media and increased efficiency will be important in 2024
This article sets out to summarise the retail trend predictions…
Read more >Vegan activist on Forbes’ prestigious “30 successful Hungarians under 30” list
Raul Vida, the founder of Prove magazine, is the first…
Read more >UEFA and Just Eat Takeaway extend partnership
Just Eat Takeaway has extended its partnership with the UEFA…
Read more >