Cyprus’ annual inflation increased in December 2009

The annual inflation in Cyprus recorded an increase in December 2009.

According to the figures published on Friday by Eurostat, inflation in Cyprus was 1.6% in December 2009, up from 1.0% in November.

These figures show that Euro area annual inflation was 0.9% in December 2009, up from 0.5% in November, while a year earlier the rate was 1.6%

Monthly inflation was 0.3% in December 2009.

The annual average rate of inflation in 2009 was 0.3%, down from 3.3% in 2008.

EU annual inflation was 1.4% in December 2009, up from 1.0% in November.

A year earlier, the rate was 2.2%. Monthly inflation was 0.2% in December 2009.

The annual average rate of inflation in 2009 was 1.0%, down from 3.7% in 2008.

In December 2009, the lowest annual rates were recorded in Ireland (-2.6%), Estonia (-1.9%) and Latvia (-1.4%), and the highest in Hungary (5.4%), Romania (4.7%) and Poland (3.8%).

Compared with November 2009, annual inflation rose in twenty Member States, remained stable in four and fell in two.

The lowest 12-month averages up to December 2009 were registered in Ireland (-1.7%), Portugal (-0.9%) and Spain (-0.3%), and the highest in Romania (5.6%), Lithuania (4.2%), Hungary and Poland (both 4.0%).