Sat, Feb 11 2012

Annual inflation in EU in June 2009 was 0.6 per cent - Eurostat

Wed, Jul 15 2009 12:29 CET

byClive Leviev-Sawyer

3041 Views
Annual inflation in EU in June 2009 was 0.6 per cent - Eurostat

Photo: STEFANO RELLANDINI

Euro area annual inflation was -0.1 per cent in June 2009, down from zero in May. A year earlier the rate was four per cent. Monthly inflation was 0.2 per cent in June 2009.
 
EU annual inflation was 0.6 per cent in June 2009, down from 0.8 per cent in May. A year earlier the rate was 4.3 per cent. Monthly inflation was 0.2 per cent in June 2009.
 
These figures, released on July 15 2009, come from Eurostat, the Statistical Office of the European Communities.
 
In June 2009, the lowest annual rates were observed in Ireland (-2.2 per cent), Portugal (-1.6 per cent), Belgium , Spain and Luxembourg (- one per cent each), and the highest in Romania (5.9 per cent), Poland (4.2 per cent) and Lithuania (3.9 per cent).
 
Compared with May 2009, annual inflation fell in 21 EU member states, remained stable in four and rose in one.
 
The lowest 12-month averages up to June 2009 were registered in Portugal (0.8 per cent), Ireland (one per cent) and Germany (1.5 per cent), and the highest in Latvia (10 per cent), Lithuania (8.6 per cent) and Bulgaria (7.3 per cent).
 

  • Print
  • Send via email
  • Translate to
  • Share:

To post comments, please, Login or Register.


Please read the The Sofia Echo forum comments policy.

EU ‘emerging from recession, but uncertainty remains’

European Commission sees a better economic growth outlook for the second half of 2009, but GDP is still expected to fall by four per cent overall in 2009 in the EU27 and euro area.

Crisis nibbles Bulgarian food companies

Food companies in Bulgaria are showing poorer results, even though they were believed to be in a sector better equipped to withstand the economic crisis.

President Basescu: 15 000 incompetent civil servants in Romania will be sacked

Basescu: Many incompetent people currently have a government job - and they will have to go

Bulgarian household of four needs 1900 leva a month – unionist

Household of two adults and two children needs 1923 leva – about 980 euro -- monthly to be able to eat a balanced diet, pay utility bills, buy clothes and get a proper education, says Lyuben Tomev, Director of the Institute for Social and Trade Union Surveys at the Confederation of Independent Trade Unions in Bulgaria.

Deflation in June pushes CPI further down

Bulgaria's consumer price index (CPI) shrank in June by 0.4 per cent, the sixth time deflation was recorded in Bulgaria since May 2008, National Statistical Institute (NSI) data showed on July 13.

Europe’s outlook

The euro area economy remains deep in recession, but business and consumer sentiment and financial markets are showing improvements.

Euro area inflation was zero per cent in May

Compared with April 2009, annual inflation fell in 24 EU member states, remained stable in one and rose in one, Eurostat says.

Bulgarian CPI shrinks in May, year-on-year inflation down to 3.9%

Bulgaria's consumer price index shrank in May by 0.3 per cent, the fifth time deflation was recorded in Bulgaria over the past 12 months, official data showed.

Inflation edges down to 4.8% in April

Year-on-year inflation in Bulgaria eased to 4.8 per cent in April, compared to 4.9 per cent a month earlier, National Statistical Institute (NSI) data showed

EC forecasts recession for Bulgaria

The European Commission became the latest addition to the club of institutions forecasting that Bulgaria's economy will contract in 2009.

More in this category

Average monthly salary in Bulgaria rose in Q4 2011, statistics institute says

In the fourth quarter of 2011, the average monthly salary increased to 727 leva, 4.9 per cent higher than in Q3, the National Statistics Institute says.

Global food prices rebound, FAO says

For the first time in six months, global food prices rose overall in January 2012, the UN Food and Agricultural Organisation said.

Bulgaria mulls tighter regulation of bank fees - updated

The package will be discussed with the Association of Bulgarian Banks before the amendments are submitted to Parliament.

Bulgarian ICT Watch event in March

Debate at the half-day event will cover what has been achieved so far and what further can be done by the Bulgarian Government to support development of the market.

Movers and shakers

Selectivity, not popularity, is the driving force behind Sofia's most exclusive members' only club.

Appointments

British Council

British Council

Lyubov Kostova was appointed country manager of British Council Bulgaria effective January 1, replacing Tony Buckby, who left in October 2011 to take a similar position at British Council Greece. Kostova has been with British Council Bulgaria for 11 years, as public communications manager and, since 2008, as the head of project and partnerships department. Prior to joining the British Council, Kostova was head of international activities at the National Academy for Theatre and Cinema Arts (NATFIZ). She has a degree in Indian studies from Kliment Ohridski Sofia University.

CEZ

CEZ

Stefan Apostolov is the new chief executive of CEZ Razpredelenie Bulgaria, the power transmission subsidiary of Czech energy company CEZ in the country. He replaces interim chief executive Ales Damm, who remains the chairperson of the CEZ Razpredelenie management board. Apostolov has 30 years of experience in the energy sector, joining CEZ in 2007 as director of customer service and was later appointed as head of business development. Apostolov has a master's degree in electric systems from the Belorussian National Technical University in Minsc, management diplomas from Open University London and New Bulgarian University, as well as a master's degree in business administration from Plovdiv University.

BASF Bulgaria

BASF Bulgaria

Valentina Dikanska is the new general manager of chemical industry giant BASF subsidiary in Bulgaria, taking over from Herbert Fisch, BASF vice president for Southeastern Europe. Dikanska, who started her career as an expert in the Finance Ministry, joined BASF Bulgaria as director of finance and administration in 2002. She becomes the first Bulgarian to hold the top management position in the company in its 40-year history on the Bulgarian market. Dikanska holds a master's degree in economics from the University for National and World Economy in Sofia.

Rompetrol Bulgaria

Rompetrol Bulgaria

Alexander Albin has been appointed chief executive of fuel distributor Rompetrol Bulgaria, replacing Nichita Sorin, who left to become chief executive of Rompetrol Gaz in Romania. Albin was previously chief executive of Rompetrol Georgia. He has more than 15 years of experience in the oil and gas industry; prior to joining Romania's oil group Rompetrol in 2008 as an adviser, he oversaw operations at Atyrau refinery in Kazakhstan, owned by Rompetrol's parent company KazMunaiGaz. He previously held top management positions at two other leading Kazakh oil and gas companies.

© 2000-2012, Sofia Echo Media Ltd.

Web Design by RIZN

Sofia Echo Media is part of the Economedia Group.
The news and information content on this website is provided by our editorial team and is copyrighted. Any unauthorised reproduction or use of it is strictly forbidden. Reproduction of this website's content is permitted only with prior written permission from the Editor-in-Chief, should be propertly acredited and provide an active link back to our site. Comments posted by the website's visitors are independent of the editorial materials and do not represent the views of sofiaecho.com. Sofia Echo Media cannot be held responsible for the statements contained in visitor comments. The percentаge change in the shares' prices are based on the price of the last transaction of the current session compared to the price of the last transaction of the previous session. Bulgarian Stock Exchange data is not real-time, but updated every 15 minutes, and should not be used as a basis for decisions about buying or selling stock options.