inflation rates in the eurozone

Inflation RatesIn Eurozone (latest data)

Definition

Inflation is the continuous rise of prices throughout the economy of the nation. 

The pace at which inflation rises is determined by the change in price levels, which is an average of all the prices.

If prices of some goods rise and others fall, the price level might not change, consequently inflation happens only when most major prices rise.

Inflation reduces the purchasing power of money. 

Eurozone Inflation

• In March inflation dropped to 0.5 % for the whole Eurozone.

• This was the lowest since November 2009.

• Deflation (a decrease in the general price level of goods/services or inflation below 0%) is still a risk, even though some try to deny it.

Inflation Data For the 18 countries that are part of the Eurozone. Data from tradingeconomics.com

18. Malta

•1.60 % (February 2014)

17. Austria

•1.50 % (February 2014)

16. Finland

•1.30 % (February 2014)

15. Germany

•1.04 % (March 2014)

14. Belgium

•0.89 % (March 2014)

13. Luxemburg

•0.84 % (March 2014)

12. Netherlands

•0.80 % (March 2014)

11. Slovenia

•0.60 % (March 2014)

10. France

•0.60 % (March 2014)

9. Italy

•0.37 % (March 2014)

8. Latvia

•0.30 % (March 2014)

7. Estonia

•0.20 % (March 2014)

6. Slovakia

•-0.10 % (Feb 2014)

5. Portugal

•-0.10 % (Feb 2014)

4. Ireland

•-0.10 % (March 2014)

3. Spain

•-0.20 % (March 2014)

2. Greece

•-1.30 % (March 2014)

1. Cyprus

•-2.29 % (March 2014)

Thank you for reading

By Richard Broomstick

Marketer at online-affiliate-programs.com