articles | 18 April 2018

Cyprus registers lowest annual inflation in the euroarea for March 2018

Cyprus registered the lowest annual inflation in the euroarea for March 2018, with -0.4%.

In February inflation was again -0.4%, down from +1.5% a year ago, in March 2017, according to figures published by Eurostat, the statistical office of the European Union. Greece (0.2%) and Denmark (0.4%) follow with the second and third lowesta annual rates.

Meanwhile euroarea annual inflation rate was 1.3% in March 2018, up from 1.1% in February. A year earlier, the rate was 1.5%. European Union annual inflation was 1.5% in March 2018, up from 1.4% in February. A year earlier the rate was 1.6%.

The highest annual rates were recorded in Romania (4.0%), Estonia (2.9%), Slovakia and Lithuania (both 2.5%). Compared with February, annual inflation fell in six Member States, remained stable in six and rose in fifteen. 

Source: CNA

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