Euro area annual inflation was 1.4% in June 2010, down from 1.6% in May. A year earlier the rate was -0.1%. Monthly inflation was 0.0% in June 2010.

EU annual inflation was 1.9% in June 2010, down from 2.0% in May. A year earlier the rate was 0.6%. Monthly inflation was 0.0% in June 2010.

Inflation in the EU Member States

In June 2010, the lowest annual rates were observed in Ireland (-2.0%), Latvia (-1.6%) and the Netherlands (0.2%), and the highest in Greece (5.2%), Hungary (5.0%) and Romania (4.3%). Compared with May 2010, annual inflation fell in fifteen Member States, remained stable in four and rose in eight. Malta stood at 1.8%.

The lowest 12-month averages up to June 2010 were registered in Ireland (-2.5%), Latvia (-1.6%) and Portugal (-0.3%), and the highest in Hungary (5.2%), Romania (4.6%) and Poland (3.5%). Malta stood at 0.7%.

Euro area

The main components with the highest annual rates in June 2010 were transport (3.9%) and alcohol & tobacco (3.7%), while the lowest annual rates were observed for communications (-1.1%), recreation & culture (-0.2%) and food (0.2%). Concerning the detailed sub-indices, fuels for transport (+0.45 percentage points), heating oil (+0.17) and tobacco (+0.10) had the largest upward impacts on the headline rate, while gas, cars and telecommunications (-0.09 each) had the biggest downward impacts.

The main components with the highest monthly rates were alcohol & tobacco (0.6%) and hotels & restaurants (0.3%), while the lowest were clothing (-0.9%), transport and communications (both -0.2%). In particular, fruit (+0.04 percentage points), tobacco, accommodation services and package holidays (+0.02 each) had the largest upward impacts, while garments (-0.06), vegetables and fuels for transport (-0.04 each) had the biggest downward impacts.

These figures came from Eurostat, the statistical office of the European Union.

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