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Euro area annual inflation was one per cent in January 2010

Fri, Feb 26 2010 12:24 CET

byThe Sofia Echo Staff

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Euro area annual inflation was one per cent in January 2010

The National Bank of Romania, Bucharest. In January 2010, Romania reported annual inflation of 5.2 per cent.

Photo: Bogdan Giuşcă

Euro area annual inflation was one per cent in January 20102, up from 0.9 per cent in December 2009. A year earlier the rate was 1.1 per cent.
 
Monthly inflation was -0.8 per cent in January 2010, according to EU statistical office Eurostat.
 
EU annual inflation was 1.7 per cent in January 2010, up from 1.5 per cent in December 2009. A year earlier the rate was 1.8 per cent. Monthly inflation was -0.5% in January 2010.
 
In January 2010, the lowest annual rates were observed in Latvia (-3.3 per cent), Ireland (-2.4 per cent) and Estonia (-1 per cent), and the highest in Hungary (6.2 per cent), Romania (5.2 per cent) and Poland (3.9 per cent).
 
Compared with December 2009, annual inflation rose in 17 EU member states, remained stable in one and fell in nine.
 
The lowest 12-month averages up to January 2010 were registered in Ireland (-2 per cent), Portugal (-0.9 per cent) and Estonia (-0.3 per cent), and the highest in Romania (5.4 per cent), Hungary (4.3 per cent) and Poland (four per cent).
 

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