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Annual inflation in Croatia in June at EU average of 0.1%

ZAGREB, July 16 (Hina) - Annual inflation in Croatia in June stood at the European Union average of 0.1%, just like in Germany and Finland, according to figures released by the EU statistical office Eurostat on Thursday.

"European Union annual inflation was 0.1% in June 2015, down from 0.3% in May. A year earlier the rate was 0.7%," Eurostat said. Annual inflation in Croatia stagnated in May 2015 and stood at 0.5% in June 2014.

The highest annual inflation rates were registered in Malta (1.1%), Austria (1.0%), Belgium and the Czech Republic (both 0.9%). Negative rates were recorded in eight member states, the lowest in Cyprus (-2.1%), Greece (-1.1%), Romania and Slovenia (both -0.9%). Consumer prices stagnated in the United Kingdom and Spain.

Compared with May 2015, annual inflation fell in 13 member states, remained stable in seven and rose in eight.

In the 19-member euro area, annual inflation in June 2015 was 0.2%, down from 0.3% in May. The largest upward impacts to euro area annual inflation came from restaurants & cafés (+0.09 percentage points), tobacco and rents (+0.07 pp each), while fuels for transport (-0.38 pp), heating oil (-0.17 pp) and gas (-0.07 pp) had the biggest downward impacts.

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