Cyprus inflation increases by 0,3% in June, Eurostat says

Cyprus’ annual inflation marked an increase of 0,3% in June, Eurostat has announced.

According to figures, released by Eurostat, the statistical office of the European Union, the annual inflation in Cyprus was 2,1% in June 2010, compared to 1,8% in May. In Greece, the annual inflation slightly decreased by 0,1%, falling from 5,3% in May, to 5,2% in June.

As regards the Euro area, annual inflation was 1.4% in June 2010, down from 1.6% in May. A year earlier the rate was -0.1%. Monthly inflation was 0.0% in June 2010. EU annual inflation was 1.9% in June 2010, down from 2.0% in May. A year earlier the rate was 0.6%.

In June 2010, the lowest annual rates were observed in Ireland (-2.0%), Latvia (-1.6%) and the Netherlands (0.2%), and the highest in Greece (5.2%), Hungary (5.0%) and Romania (4.3%). Compared with May 2010, annual inflation fell in fifteen Member States, remained stable in four and rose in eight.

The lowest 12-month averages4 up to June 2010 were registered in Ireland (-2.5%), Latvia (-1.6%) and Portugal (-0.3%), and the highest in Hungary (5.2%), Romania (4.6%) and Poland (3.5%).