Annual and monthly inflation rates for EFTA countries

Published 26-03-2010
February 2010 annual and monthly inflation rates for the 27 EU Member States and Iceland, Norway and Switzerland were presented in a Eurostat news release on 17 March 2010.

The euro area annual inflation was 0.9% in February 2010, down from 1.0% in January. A year earlier the rate was 1.2%. Monthly inflation was 0.3% in February 2010.

EU27 annual inflation was 1.4% in February 2010, down from 1.7% in January. A year earlier the rate was 1.8%. Monthly inflation was 0.3% in February 2010.

Of all the countries presented, Iceland had the highest annual inflation rate in February 2010 at 10.7%, up from 10.6% in January, but less than half of what it was a year ago (21.6%). Figures for Norway showed an increase in inflation from 2.7% in January 2010 to 3.1% in February. This was also higher than a year ago when annual inflation was 2.8%. Switzerland, which in February 2009 showed an annual inflation of -0.1 %, is reported to have 0.9 % in February 2010, the same as in the preceding month.

Ireland, the three Baltic countries and Slovakia had negative annual inflation rates in February 2010, with Latvia reporting the lowest with deflation at 4.3 %.

Read the full news release here.

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