Romania January Monthly Inflation Highest In EU

EU’s monthly inflation was 0.5% in January, according to the EU’s statistics office Eurostat. The annual inflation stood at 1.7% in January, up from 1.5% in December 2009.

Annual inflation in the 16 states that use the euro was 1% in January, up from 0.9% in December. A year earlier, eurozone’s rate was 1.1%.

In January 2010, the lowest annual rates were observed in Latvia (-3.3%), Ireland (-2.4%) and Estonia (-1.0%), and the highest in Hungary (6.2%), Romania (5.2%) and Poland (3.9%).

The lowest 12-month averages up to January were registered in Ireland (-2.0%), Portugal (-0.9%) and Estonia (-0.3%), and the highest in Romania (5.4%), Hungary (4.3%) and Poland (4.0%).