24 Feb 2015
EUROPEAN COMMISSION DAILY NEWS – 24 FEBRUARYBrussels Daily
Eurostat: Annual inflation down to -0.6% in the euro area
Euro area annual inflation was -0.6% in January 2015, down from -0.2% in December. This was the lowest rate recorded since July 2009. In January 2014 the rate was 0.8%. European Union annual inflation was -0.5% in January 2015, down from -0.1% in December. A year earlier the rate was 0.9%. These figures come from Eurostat, the statistical office of the European Union. In January 2015, negative annual rates were observed in twenty-three Member States. The lowest annual rates were registered in Greece (-2.8%) and Bulgaria (-2.3%). Positive annual rates were recorded in Malta (0.8%), Austria and Romania (both 0.5%), Sweden (0.4%) and the United Kingdom (0.3%). Compared with December 2014, annual inflation fell in almost all Member States, except Cyprus, Malta and Sweden. The largest upward impacts to euro area annual inflation came from restaurants & cafés and rents (+0.14 percentage points each) and tobacco (+0.07 pp), while fuels for transport (-0.77 pp), heating oil (-0.24 pp) and telecommunications (-0.05 pp) had the biggest downward impacts. Read Eurostat press release
How digital is your country? Find out in the new EU Digital Index
How many citizens go online to watch videos or use public services? How many smaller businesses sell over the internet? How many homes have high-speed broadband? The answers to these questions – and 30 more – will be revealed today through the new EU Digital Economy and Society Index (DESI). This tool provides a ranking of countries according to their digital performance. It shows progress to be made and actions to be taken to create a fully-fledged Digital Single Market – one of the top priorities of the Juncker Commission. The Index will be presented this afternoon at the Digital4EU forum in Brussels. Both Vice-President Ansip, in charge of the Digital Single Market, and Commissioner Oettinger, in charge of the Digital Economy and Society, will give keynote speeches at the event (coverage by EbS). Press material, including factsheets per country, will be published at 14.40 here.
Read full: Daily News 24 / 02 / 2015