Euro area annual inflation was 1.5% in November 2017, up from 1.4% in October.
In November 2016, the rate was 0.6%. European Union annual inflation was 1.8% in November 2017, up from 1.7% in October. A year earlier the rate was 0.6%.
Compared with October 2017, annual inflation
- fell in four Member States,
- remained stable in nine and
- rose in fifteen.
- Lowest annual rates: Cyprus (0.2%), Ireland (0.5%) and Finland (0.9%)
- Highest annual rates: Estonia (4.5%), Lithuania (4.2%) and the United Kingdom (3.1%).
The largest upward impacts to the euro area annual inflation came from fuels for transport (+0.21 percentage points), heating oil (+0.07 pp) and milk, cheese & eggs (+0.05 pp), while telecommunication (-0.11 pp), garments (-0.07 pp) and social protection (-0.04 pp) had the biggest downward impacts.
Source: Eurostat, http://ec.europa.eu/eurostat