Hint

January 2013 Euro area annual inflation down to 2.0% EU down to 2.1%

Please note that the article is more than five years old and belongs to our archive. We do not update the content of the archives, so it may be necessary to consult newer sources.
Copy
Article photo
Photo: SCANPIX.

Euro area annual inflation was 2.0% in January 20132, down from 2.2% in December 2012. A year earlier the rate was 2.7%. Monthly inflation was -1.0% in January 2013, reported Eurostat.

In January 2013, the lowest annual rates were observed in Greece (0.0%), Portugal (0.4%) and Latvia (0.6%), and the highest in Romania (5.1%),Estonia (3.7%) and the Netherlands (3.2%).

Compared with December 2012, annual inflation fell in twenty-three Member States, remained stable in one and rose in three. The lowest 12-month average rates up to January 2013 were registered in Greece and Sweden (both 0.9%) and Ireland (1.9%), and the highest in Hungary (5.4%), Estonia (4.1%), Romania and Slovakia (both 3.6%).

The largest upward impacts on euro area annual inflation in January 2013 came from electricity (+0.16 percentage points), vegetables (+0.09) and tobacco (+0.07), while telecommunications (-0.20), medical & paramedical services (-0.08) and garments (-0.06) had the biggest downward impacts.

Terms

Top