Euro area annual inflation was 1.8% in July 2007, down from 1.9% in June. A year earlier the rate was 2.4%. Monthly inflation was -0.2% in July 2007.
EU3 annual inflation was 2.0% in July 2007, down from 2.1% in June. A year earlier the rate was 2.4%. Monthly inflation was -0.3% in July 2007.
These figures come from Eurostat, the Statistical Office of the European Communities.
Inflation in the EU Member States: In July 2007, the lowest annual rates were observed in Malta (-0.2%), Denmark (1.1%), France and Slovakia (1.2% each), and the highest rates in Latvia (9.5%), Hungary (8.3%) and Bulgaria (6.8%). Compared with June 2007, annual inflation rose in twelve Member States, remained stable in two and fell in thirteen.
The lowest 12-month averages up to July 2007 were in Malta (0.7%), Finland (1.3%) and France (1.4%); the highest were in Latvia and Hungary (7.5% each) and Bulgaria (5.5%).
Euro area: The main components with the lowest were clothing (-8.2%). In particular, garments (-0.45) and footwear (-0.11) had the biggest downward impacts.
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