Within the Euro area, the most notable inflation rates were observed in Romania at 6.7 per cent, Croatia at 4.9 per cent, and both Estonia and Austria recording rates of 4.1 per cent. These contrast sharply with some of the lowest rates within the EU, seen in Lithuania at 0.4 per cent, Finland at 0.6 per cent, and Denmark at 0.8 per cent.
The month-over-month comparison showed varied movements in inflation across the member states, with annual inflation rates falling in thirteen countries, holding steady in four, and increasing in ten.
Significant contributors to the annual Euro area inflation included non-energy industrial goods, which added 0.30 percentage points, whereas energy prices had a lowering effect, contributing a decrease of 0.16 percentage points to the overall inflation rate.
Fibre2Fashion News Desk (DP)