Eurostat News Release: November 2014 – Annual inflation down to 0.3% in the euro area, Down to 0.4% in the EU, 17 Δεκεμβρίου.
Euro area annual inflation was 0.3% in November 2014, down from 0.4% in October. A year earlier the rate was 0.9%. European Union annual inflation was 0.4% in November 2014, down from 0.5% in October. A year earlier the rate was 1.0%. These figures come from Eurostat, the statistical office of the European Union.
In November 2014, negative annual rates were observed in Bulgaria (-1.9%), Greece (-1.2%), Spain (-0.5%) and Poland (-0.3%). The highest annual rates were recorded in Romania and Austria (both 1.5%) and Finland (1.1%). Compared with October 2014, annual inflation fell in sixteen Member States, remained stable in five and rose in six.
The largest upward impacts to euro area annual inflation came from restaurants & cafés (+0.09 percentage points), rents (+0.08 pp) and tobacco (+0.06 pp), while fuels for transport (-0.22 pp), telecommunications and heating oil (-0.09 pp each) had the biggest downward impacts.
