Friday, January 16, 2015


[IWS] Eurostat: ANNUAL INFLATION DOWN TO -0.2% IN THE EURO AREA [16 January 2015]

IWS Documented News Service


Institute for Workplace Studies-----------------Professor Samuel B. Bacharach

School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies

Cornell University

16 East 34th Street, 4th floor--------------------Stuart Basefsky

New York, NY 10016 -------------------------------Director, IWS News Bureau


This service is supported, in part, by donations. Please consider making a donation by following the instructions at


European Commission



Press Release 16 January 2015

December 2014

Annual inflation down to -0.2% in the euro area

Down to -0.1% in the EU

[full-text, 3 pages]


Euro area1 annual inflation was -0.2% in December 20142, down from 0.3% in November. This was the lowest rate

recorded since September 2009. In December 2013 the rate was 0.8%. European Union1 annual inflation was -0.1% in December 2014, down from 0.3% in November. A year earlier the rate was 1.0%. These figures come from Eurostat, the statistical office of the European Union.


In December 2014, negative annual rates were observed in sixteen Member States. The lowest annual rates were

registered in Greece (-2.5%), Bulgaria (-2.0%), Spain (-1.1%) and Cyprus (-1.0%). The highest annual rates were

recorded in Romania (1.0%), Austria (0.8%) and Finland (0.6%). Compared with November 2014, annual inflation

fell in twenty-six Member States, remained stable in Sweden and rose in Estonia.


The biggest downward impacts on euro area annual inflation came from fuels for transport (-0.53 percentage

points), heating oil (-0.17 pp) and telecommunications (-0.08 pp), while restaurants & caf├ęs and rents (+0.11 pp

each) and tobacco (+0.07 pp) had the largest upward impacts.


Includes CHARTS & TABLES.....






This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.










Links to this post:

Create a Link

<< Home

This page is powered by Blogger. Isn't yours?