Eurostat: Annual inflation stable at 1.6% in the EU. Highest rate in Romania

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The euro area annual inflation rate was 1.3% in June 2019, up from 1.2% in May.  A year earlier, the rate was 2.0%. European Union annual inflation was 1.6% in June 2019, stable compared to May. A year earlier, the rate was 2.1%. These figures are published by Eurostat, the statistical office of the European Union. The lowest annual rates were registered in Greece (0.2%), Cyprus (0.3%), Denmark and Croatia (both 0.5%).

The highest annual rates were recorded in Romania (3.9%), Hungary (3.4%) and Latvia (3.1%). Compared with May, annual inflation fell in seventeen Member States, remained stable in one and rose in nine. In June, the highest contribution  to  the  annual euro  area inflation rate came from services (+0.73  percentage points, pp),  followed  by  food, alcohol  &  tobacco  (+0.30 pp),  energy (+0.17  pp) and  non-energy industrial  goods (+0.07 pp).

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