CEO Comité Européen de l‘Outillage 
European Tool Committee 
Europäisches Werkzeugkomittee

January 2018: Annual inflation down to 1.3% in the euro area

Euro area annual inflation rate was 1.3% in January 2018, down from 1.4% in December 2017.

In January 2017, the rate was 1.8%. European Union annual inflation was 1.6% in January 2018, down from 1.7% in December 2017. A year earlier the rate was 1.7%.

  • Lowest annual rates: Cyprus (-1.5%), Greece (0.2%) and Ireland (0.3%).
  • Highest annual rates: Lithuania, Estonia (both 3.6%) and Romania (3.4%).

 

 

Compared with December 2017, annual inflation

  • fell in twenty-one Member States,
  • remained stable in one and
  • rose in six.

 

In January 2018, the highest contribution to the annual euro area inflation rate came from services (+0.56 percentage point), followed by food, alcohol & tobacco (+0.39 pp), energy (+0.22 pp) and non-energy industrial goods (+0.15 pp).

 

Further information:

Euro Area Annual Inflation January 2018

 

Source: Eurostat, http://ec.europa.eu/eurostat

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Posted in General Market News, Market Trends & Statistics

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