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Euro Area Annual Inflation Down to 1.1% - September 2013
added: 2013-10-18

Euro area annual inflation was 1.1% in September 2013, down from 1.3% in August. A year earlier the rate was 2.6%. Monthly inflation was 0.5% in September 2013.

European Union annual inflation was 1.3% in September 2013, down from 1.5% in August. A year earlier the rate was 2.7%. Monthly inflation was 0.4% in September 2013.

In September 2013, the lowest annual rates were observed in Bulgaria (-1.3%), Greece (-1.0%) and Latvia (-0.4%), and the highest in the United Kingdom (2.7%), Estonia (2.6%) and the Netherlands (2.4%). Compared with August 2013, annual inflation fell in seventeen Member States, remained stable in eight and rose in three. The lowest 12-month average rates up to September 2013 were registered in Greece (-0.2%), Latvia (0.5%) and Sweden (0.6%), and the highest in Romania (4.1%), Estonia (3.7%) and Croatia (3.3%).

The largest upward impacts to euro area annual inflation came from tobacco (+0.10 percentage points), electricity (+0.09) and accommodation services (+0.08), while fuels for transport (-0.30), telecommunications (-0.15) and medical & paramedical services (-0.07) had the biggest downward impacts.


Source: Eurostat

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