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

November 2017: Annual inflation up to 1.5% in the euro area

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.


Further information:

Euro Area Annual Inflation November 2017


Source: Eurostat,

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Posted in General Market News, Market Trends & Statistics

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