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Annual inflation down to 0.7% in the euro area
The euro area annual inflation rate was 0.7% in October 2019, down from 0.8% in September. A year earlier, the rate was 2.3%. European Union annual inflation was 1.1% in October 2019, down from 1.2% in September. A year earlier, the rate was 2.3%. These figures are published by Eurostat, the statistical office of the European Union. The lowest annual rates were registered in Cyprus (-0.5%), Greece (-0.3%) and Portugal (-0.1%). The highest annual rates were recorded in Romania (3.2%), Hungary (3.0%) and Slovakia (2.9%). Compared with September, annual inflation fell in fifteen Member States, remained stable in eight ... (full story)