Greek inflation fell to 1.4 percent in August from 1.4 percent in July this year, according to figures released in Brussels on Thursday by the European Union's statistical service Eurostat, placing Greece among the three lowest inflation rates in the EU behind Ireland and Slovenia.
According to Eurostat, euro area annual inflation was 2.5% in August 20112, unchanged compared with July. A year earlier the rate was 1.6%. Monthly inflation was 0.2% in August 2011.EU annual inflation was 2.9% in August 2011, unchanged compared with July. A year earlier the rate was 2.0%. Monthly inflation was 0.2% in August 2011.
Inflation in EU member states
In August 2011, the lowest annual rates were observed in Ireland (1.0%), Slovenia (1.2%) and Greece (1.4%), and the highest in Estonia (5.6%), Latvia (4.6%) and the United Kingdom (4.5%).
Compared with July 2011, annual inflation fell in thirteen Member States, remained stable in two and rose in twelve.
The lowest 12-month averages up to August 2011 were registered in Ireland (0.4%), Sweden (1.6%), the Czech Republic and Slovenia (both 1.9%), and the highest in Romania (7.3%) and Estonia (5.1%).
