In July, the inflation rate in the Eurozone stood at 2,4%, stable year-on-year and down 0,5% month-on-month. This was reported by Eurostat, the European statistical office, which today published the final data on the race in prices.
Annual inflation has also stopped in the entire EU 27, which remained at 2,5% in July, unchanged from June. A year earlier the rate was 2,9%. Monthly inflation was -0,4% in July 2012.
The lowest inflation rates were recorded in Sweden (0,7%), Greece (0,9%), Germany and Latvia (both at 1,9%). The highest were instead those in Hungary (5,7%), Malta (4,2%) and Estonia (4,1%).
Compared with June 2012, annual inflation fell in twelve Member States, remained stable in one and rose in fourteen.