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Annual inflation down to 2.2% in the euro area
The euro area annual inflation rate was 2.2% in August 2024, down from 2.6% in July. A year earlier, the rate was 5.2%. European Union annual inflation was 2.4% in August 2024, down from 2.8% in July. A year earlier, the rate was 5.9%. These figures are published by Eurostat, the statistical office of the European Union. The lowest annual rates were registered in Lithuania (0.8%), Latvia (0.9%), Ireland, Slovenia and Finland (all 1.1%). The highest annual rates were recorded in Romania (5.3%), Belgium (4.3%) and Poland (4.0%). Compared with July 2024, annual inflation fell in twenty Member States, remained stable in ... (full story)