Annual inflation falls to 1.4% in the euro area

Date: February 25, 2019

In January 2019, The euro area annual inflation rate was 1.4% , down from 1.5% in December. Compared to the previous year, the rate was 1.3%. Additionally, the European Union annual inflation was reported at 1.5% in January 2019, down from 1.6% in December. Compared to the previous year, the rate was 1.6%.

The lowest annual rates were registered in Greece (0.5%) as well as in Croatia and Portugal (both 0.6%). Additionally, The highest annual rates were recorded in Romania (3.2%), Latvia (2.9%), Estonia and Hungary (both 2.8%). In Comparison with December 2018, annual inflation fell in sixteen Member States while 5 remained stable and 7 increased.

The highest contribution to the annual euro area inflation rate in January 2019 came from: services (+0.70 percentage points, pp), food, alcohol & tobacco (+0.36 pp), energy (+0.26 pp) and non-energy industrial goods (+0.06 pp).

The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.