March Euro area annual inflation up to 3.6% EU up to 3.8%
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- Euro area annual inflation up to 4.0% EU up to 4.3%
- Euro area annual inflation down to 3.8% - EU down to 4.2%
- Euro area annual inflation stable at 4.0%, EU up to 4.4%
- Euro area unemployment stable at 7.1% - EU27 down to 6.7%
- Food price rises second highest in euro area
- Euro area unemployment stable at 7.2% - EU27 up to 6.8%
- Euro area unemployment up to 7.5% EU27 stable at 6.9%
- Harmonised Index of Consumer Prices increases by 1.1%
- Euro area unemployment stable at 7.3% EU27 stable at 6.8%
- Euro area unemployment stable at 7.3% EU27 stable at 6.8%
- Industrial production up 0.3% in euro area and 0.5% in EU27
- Euro area industrial producer prices up 0.6%, EU27 up 0.5%
- Retail trade volume down 0.5% in euro area, up 0.3% in EU27
- Euro area inflation is estimated at 3.5% for March - Eurostat
- Harmonised Index of Consumer Prices rises by 0.4 per cent
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Euro area annual inflation was 3.6% in March 2008, up from 3.3% in February. A year earlier the rate was 1.9%. Monthly inflation was 1.0% in March 2008. EU annual inflation was 3.8% in March 2008, up from 3.5% in February. A year earlier the rate was 2.3%. Monthly inflation was 0.8% in March 2008.
These figures come from Eurostat, the Statistical Office of the European Communities.
Inflation in the EU Member States - In March 2008, the lowest annual rates were observed in the Netherlands (1.9%), the United Kingdom (2.5%) and Portugal (3.1%), and the highest in Latvia (16.6%), Bulgaria (13.2%) and Lithuania (11.4%). Compared with February 2008, annual inflation rose in eighteen Member States, remained stable in three and fell in six.
The lowest 12-month averages4 up to March 2008 were registered in Malta (1.5%), the Netherlands (1.7%), Denmark and Sweden (2.0% each), and the highest in Latvia (12.3%), Bulgaria (9.4%) and Estonia (8.3%).
Euro area
The main components with the highest annual rates in March 2008 were education (9.6%), food (6.2%) and transport (5.6%), while the lowest annual rates were observed for communications (-1.5%), recreation & culture (0.6%) and clothing (1.0%). Concerning the detailed sub-indices, fuels for transport (+0.51 percentage points), heating oil (+0.26) and milk, cheese & eggs (+0.23) had the largest upward impacts on the headline rate, while telecommunications and cars (-0.16 each) and garments (-0.15) had the biggest downward impacts.
The main components with the highest monthly rates were clothing (7.2%), transport (1.3%), household equipment and housing (0.6% each), and the lowest were health (-0.1%), education (0.0%), alcohol & tobacco and recreation & culture (0.2% each). In particular, garments (+0.32 percentage points), fuels for transport (+0.12), footwear (+0.08) and heating oil (+0.05) had the largest upward impacts, while rents and cars (-0.05 each) and restaurants & cafés (-0.04) had the biggest downward impacts.
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