Annual Inflation Up to 1.1% in the Euro Area
January 18, 2017 | EurostatEstimated reading time: Less than a minute
Euro area annual inflation was 1.1% in December 2016, up from 0.6% in November. In December 2015 the rate was 0.2%. European Union annual inflation was 1.2% in December 2016, up from 0.6% in November. A year earlier the rate was 0.2%.
In December 2016, negative annual rates were observed in Bulgaria (-0.5%) and Romania (-0.1%). The highest annual rates were recorded in Estonia (2.4%), Belgium (2.2%), the Czech Republic and Latvia (both 2.1%).
Compared with November 2016, annual inflation fell in one Member State and rose in twenty-six.
The largest upward impacts to euro area annual inflation came from fuels for transport (+0.21 percentage points), vegetables (+0.07 pp) and heating oil (+0.05 pp), while gas (-0.10 pp), telecommunications (-0.05 pp) and personal care products (-0.04 pp) had the biggest downward impacts.
Suggested Items
Big Win for Defense Production Act Budget Allocation in FY24 Budget
04/23/2024 | I-Connect007 Editorial TeamOne year ago, President Biden issued a determination that chips and packaging are critical for national security. Since that time, much work has been done to continue the conversation in Washington, elevating the importance of the entire chips value chain, and including printed circuit boards and substrates, without which chips cannot operate.
What’s Next Becomes Now at IPC APEX EXPO 2024
04/22/2024 | IPCFrom revolutionary advancements in artificial intelligence, augmented reality and the latest innovations in capital equipment on the show floor to a heightened learner experience through the 16th Electronic Circuits World Convention (ECWC16) technical conference, IPC APEX EXPO 2024 provided education, professional development and numerous networking opportunities, for 3,723 attendees from 57 countries.
Cicor Shareholders Approve All Proposals
04/19/2024 | Cicor Technologies Ltd.At the Annual General Meeting of Cicor Technologies Ltd. in Zurich, the shareholders approved all proposals.
Intel Brings AI-Platform Innovation to Life at the Olympic Games
04/18/2024 | BUSINESS WIREIntel announced its plans for the Olympic and Paralympic Games Paris 2024. Bringing AI Everywhere, Intel will implement artificial intelligence technology powered by Intel processors on the world’s biggest stage.
Firan Technology Group Corporation Announces Results of AGM
04/15/2024 | Globe NewswireFiran Technology Group Corporation announced the results of its annual general meeting of shareholders (AGM), held in Toronto, Ontario on April 12, 2024.