Bulgaria Sees EU's 3rd Lowest Inflation Rate March 2012

Bulgaria's inflation rate was 1.7% in March 2012, EU's third lowest after Sweden (1.1%) and Greece (1.4%).

The March inflation rate was highest in Hungary (5.5%), Estonia (4.7%) and the Czech Republic (4.2%). Compared with February 2012, annual inflation fell in fourteen Member States, remained stable in four and rose in eight, according to Eurostat's data.

The lowest 12-month averages up to March 2012 were registered in Sweden (1.3%), Ireland (1.4%) and Slovenia (2.1%), and the highest in Estonia (4.9%), Romania (4.6%) and Hungary (4.3%).

The bloc's annual inflation was 2.9% in March 2012, unchanged compared with February. A year earlier the rate was 3.1%. Monthly inflation was 1.1% in March 2012.

The annual inflation in the Euro Area was 2.7% in March 2012, unchanged compared with February2. A year earlier the rate was 2.7%. Monthly inflation was 1.3% in March 2012.

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