Eurozone annual inflation was 0.5% in June 2014,
stable compared with May. A year earlier the rate was 1.6%. Monthly inflation
was 0.1% in June 2014.
European Union annual inflation was 0.7% in June 2014, up from 0.6% in May. A
year earlier the rate was 1.7%.Monthly inflation was 0.1% in June 2014 - -
according to Eurostat, the statists office of the European Union.
In June 2014, negative annual rates were observed in Bulgaria (-1.8%), Greece
(-1.5%), Portugal (-0.2%), Hungary and Slovakia (both -0.1%). The highest annual
rates were recorded in the United Kingdom (1.9%), Austria (1.7%) and Luxembourg
(1.2%). Compared with May 2014, annual inflation fell in ten member countries,
remained stable in four and rose in fourteen.
The largest upward impacts to Eurozone annual inflation came from tobacco (+0.08
percentage points), restaurants & cafés (+0.07 pp) and rents (+0.06 pp), while
vegetables (-0.14 pp), telecommunications and fruit (-0.11 pp each) had the
biggest downward impacts.