Bulgaria Sees EU's 3rd Lowest Annual Inflation Rate June 2012

Bulgaria's annual inflation was 1.6% in June 2012, the bloc's third lowest, according to Eurostat's latest data.

The month's lowest annual rates were observed in Sweden (0.9%) and Greece (1.0%) and Bulgaria (1.6%), and the highest in Hungary (5.6%), Estonia and Malta (both 4.4%). Compared with May 2012, annual inflation fell in eight Member States, remained stable in eight and rose in ten.

The lowest 12-month averages4 up to June 2012 were registered in Sweden (1.1%), Ireland (1.6%) and Greece (1.9%), and the highest in Estonia and Hungary (both 4.7%) and Slovakia (4.1%).

EU's annual inflation was 2.6% in June 2012, up from 2.5% in May. A year earlier the rate was 3.1%. Monthly inflation was 0.0% in June 2012.

The Euro area's annual inflation was 2.4% in June 2012, unchanged compared with May2. A year earlier the rate was 2.7%. Monthly inflation was -0.1% in June 2012.

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