Cyprus annual inflation recorded an increase in August compared to July, reaching 4.5%.
According to Eurostat, the statistical office of the European Union, the annual inflation in Cyprus increased in August to 4.5%, compared to 3.8% in July and 2.9% in June.
In August 2012, the lowest annual rates were observed in Sweden (0.9%), Greece (1.2%) and Latvia (1.9%), and the highest in Hungary (6.0%), Cyprus (4.5%) and Estonia (4.2%).
Compared with July 2012, annual inflation rose in twenty Member States, remained stable in two and fell in four.
The lowest 12-month averages up to August 2012 were registered in Sweden (1.0%), Ireland and Greece (both 1.8%), and the highest in Hungary (5.1%), Estonia (4.5%) and Slovakia (4.1%).
Euro area annual inflation was 2.6% in August 2012, up from 2.4% in July. A year earlier the rate was 2.5%. Monthly inflation was 0.4% in August 2012.
EU annual inflation was 2.7% in August 2012, up from 2.5% in July. A year earlier the rate was 3.0%. Monthly inflation was 0.4% in August 2012.
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