facebook
twitter
search
search

Price index in Europe stable in February

March 14, 2012 at 11:24 AM

BRUSSELS, March 14 (UPI) -- The consumer price index in the 17-member eurozone was unchanged from January to February, the European Union's data office said Wednesday.

The estimate shows inflation is stable in the region although prices on an annual basis are up 2.7 percent in the eurozone and 3 percent in the 27-member European Union.

Compared to January 2012, consumer prices in the EU rose 0.5 percent.

The lowest annual inflation averages were posted in Sweden with annual averages at 1.3 percent, Slovenia with the average of 2.1 percent and Malta with an average 2.3 percent.

The highest 12-month average inflation rate in the region is in Romania, prices up 5.1 percent and Estonia, with prices up 5 percent, Eurostat said.

Like Us on Facebook for more stories from UPI.com  
Related UPI Stories
Latest Headlines
Top Stories
Momentum builds behind giant Norwegian oil field
Hess completes Bakken joint venture
BP to settle with U.S. coastal states
New oil expected offshore New Zealand
California driving global low-carbon effort