EU’s annual inflation stands at 1.1% in October

ANKARA

Consumer prices in the European Union rose 1.1% year-on-year in October, the EU’s statistical office announced Friday.

The 28-member bloc’s annual inflation rate was down from 1.2% in September.

Compared with a month earlier, annual inflation fell in 15 member states, remained stable in eight and rose in five.

The lowest annual rates were seen in Greek Cypriot administration of Southern Cyprus (-0.5%), Greece (-0.3%) and Portugal (-0.1%), while the highest were recorded in Romania (3.2%), Hungary (3.0%) and Slovakia (2.9%).

Meanwhile, the eurozone’s inflation rate was 0.7% last month, down from 0.8 in September.
Anadolu Agency website contains only a portion of the news stories offered to subscribers in the AA News Broadcasting System (HAS), and in summarized form. Please contact us for subscription options.

AdvertisementThe new Emirates Premium Economy has arrived on the latest Emirates A380 Emirates Get the best value from your summer holiday with exclusive offers and discounts across Dubai and the UAE with Emirates Pass

What do you think?