Wednesday, January 2, 2013

Inflation rate in 2012 in Europe

Comparative price levels of private household consumption vary considerably across the EU Member States. In 2011, they ranged from 51 in Bulgaria to 142 in Denmark (EU-27=100). Over the ten years from 2001 to 2011, several of the Member States that joined the EU in 2004 or 2007 recorded substantial increases in their comparative price levels, notably Slovakia, the Czech Republic, Romania, Estonia and Latvia, as did Luxembourg and to a lesser extent Greece and Spain. In contrast, only a few Member States recorded a fall in their comparative price levels, notably the United Kingdom which moved from 17 % above the EU-27 average in 2001 to almost parity in 2011, with an index level just 2 % above the EU-27 average. 

In 2012 the energy component of the HICP grew by the highest percentage among all the categories:



Source: http://epp.eurostat.ec.europa.eu/portal/page/portal/eurostat/home/

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