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Annual inflation up to 2.4% in the euro area
The euro area annual inflation rate was 2.4% in December 2024, up from 2.2% in November. A year earlier, the rate was 2.9%. European Union annual inflation was 2.7% in December 2024, up from 2.5% in November. A year earlier, the rate was 3.4%. These figures are published by Eurostat, the statistical office of the European Union. The lowest annual rates were registered in Ireland (1.0%), Italy (1.4%), Luxembourg, Finland and Sweden (all 1.6%). The highest annual rates were recorded in Romania (5.5%), Hungary (4.8%) and Croatia (4.5%). Compared with November 2024, annual inflation fell in seven Member States, remained ... (full story)