AKIPRESS.COM - The eurozone's annual inflation in February was 0.7%, compared to 0.8% in January. The EU's average inflation reduced from 0.9% to 0.8% in February, The Baltic Course reported referring to the EU's statistical office Eurostat.

The lowest annual inflation in February was registered in Ireland, Spain and Sweden – 0.1% each, followed Slovenia – 0.2%, the Czech Republic, Lithuania, Denmark and Hungary – 0.3% each.

The highest annual inflation was registered in Malta and Finland – 1.6% each, and Austria – 1.5%.

Compared to January, annual inflation decreased in seventeen EU member states, remained unchanged in three and increased in seven.

In the meantime, Bulgaria recorded 2.1% annual deflation, Cyprus – 1.3%, Greece – 0.9%, Croatia – 0.2%, and Portugal and Slovakia – 0.1% deflation each.

Compared to the previous month, consumer prices increased 0.3% in both the euro area and the EU.