Be the first to comment!Euro area annual inflation down to -0.3% and EU to 0.3%
 Email item
|  Print item
|
|
Euro area annual inflation was -0.3% in September 2009, down from -0.2% in August. A year earlier the rate was 3.6%. Monthly inflation was 0.0% in September 2009.
EU annual inflation was 0.3% in September 2009, down from 0.6% in August. A year earlier the rate was 4.2%. Monthly inflation was 0.0% in September 2009.
Inflation in the EU Member States
In September 2009, the lowest annual rates were observed in Ireland (-3.0%), Portugal (-1.8%) and Estonia (-1.7%), and the highest in Romania (4.9%), Hungary (4.8%) and Poland (4.0%), Malta stood at 0.8%. Compared with August 2009, annual inflation fell in twenty-three Member States, remained stable in one and rose in three.
The lowest 12-month averages up to September 2009 were registered in Ireland (-0.5%), Portugal (-0.3%) and Luxembourg (0.2%), and the highest in Latvia (6.5%), Lithuania and Romania (both 6.2%), Malta stood at 3.2%.
Euro area
The main components with the highest annual rates in September 2009 were alcohol & tobacco (4.4%), miscellaneous goods & services (2.3%) and household equipment (1.5%), while the lowest annual rates were observed for transport (-3.7%), housing (-1.6%) and food (-1.3%). Concerning the detailed sub-indices, restaurants & cafés (+0.15 percentage points), tobacco (+0.14) and rents (+0.13) had the largest upward impacts on the headline rate, while fuels for transport (-0.70), heating oil (-0.34) and gas (-0.19) had the biggest downward impacts.
The main components with the highest monthly rates were clothing (6.5%), education (0.8%), miscellaneous goods & services and household equipment (both 0.3%), while the lowest were transport, recreation & culture and hotels & restaurants (all -1.2%). In particular, garments (+0.33 percentage points) and footwear (+0.08) had the largest upward impacts, while package holidays and accommodation services (-0.13 each) and fuels for transport (-0.10) had the biggest downward impacts.
These figures come from Eurostat, the Statistical Office of the European Communities.
