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March 16, 2017EU AND EURO AREA CONSUMER PRICE INFLATION, FEBRUARY 2017 In February, annual inflation was 2.0 per cent in the Euro Area and 1.9 per cent in the European Union. In January, annual inflation was 1.8 per cent in the Euro Area and 1.7 per cent in the EU. In February 2016, inflation in the Euro Area was -0.2 per cent and was -0.1 per cent in the EU.
The highest annual rates were recorded in Estonia, Belgium, Latvia and Lithuania. The lowest rates were registered in Ireland, Romania, Bulgaria and Denmark.
The largest upward impacts to euro area annual inflation came from fuels for transport, vegetables and heating oil, while telecommunication, garments and gas had the biggest downward impacts.
Source: Eurostat
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