You are here: Home > Steel News > Latest Steel News > Euro...

Euro area annual inflation stable at 0.2 percent in August

Friday, 16 September 2016 16:45:11 (GMT+3)   |   Istanbul
       
Annual inflation in the euro area was 0.2 percent in August this year, remaining stable compared to July, according to a report released by Eurostat, the Statistical Office of the European Communities. In August 2015, the annual inflation rate was 0.1 percent.
 
Meanwhile, in the European Union (EU-28) annual inflation was 0.3 percent in August, up from 0.2 percent in July. In August 2015, the annual inflation rate in the EU-28 was 0.0 percent.

In August this year, negative annual rates were observed in 12 states in the EU-28. The lowest inflation rates were observed in Croatia (-1.5%), Bulgaria (-1.1%) and Slovakia (-0.8%), while the highest were observed in Belgium (2.0%), Sweden (1.2%) and Estonia (1.1%).

Similar articles

Stagnant market for rebar and wire rod in Italy amid limited demand, almost stable prices

15 Nov | Longs and Billet

Romanian flat steel spot prices remain stable, sole producer still inactive

15 Nov | Flats and Slab

Voestalpine posts lower net profit and revenues for H1 FY 2024-2025

15 Nov | Steel News

Italy’s Pomini Tenova to supply CNC roll grinders to Baowu Steel

15 Nov | Steel News

Euro area industrial output down two percent in September from August

15 Nov | Steel News

Local Italian scrap prices increase in some spot contracts

15 Nov | Scrap & Raw Materials

Tata Steel Nederland plans to create hydrogen and CO2 corridor between Amsterdam and Norway

15 Nov | Steel News

Sweden’s SSAB to supply fossil-free steel for shipbuilding

15 Nov | Steel News

“Steel: what lies ahead in 2025?”: Efficiency and innovation needed across supply chain in Italy

15 Nov | Steel News

Romanian long steel prices still stable despite slower trade

14 Nov | Longs and Billet