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European Commission Spokesman's Briefing for 99-08-19
From: EUROPA, the European Commission Server at <http://europa.eu.int>
MIDDAY EXPRESS
News from the Spokesman's midday briefing
Nouvelles du rendez-vous de midi du Porte-Parole 19/08/1999b
CONTENTS / CONTENU
[01] Euro-zone annual inflation rises to 1.1% in July 1999 (Embargo 12 h)
[01] Euro-zone annual inflation rises to 1.1% in July 1999 (Embargo 12 h)
Euro-zone annual inflation rose from 0.9% to 1.1% between June and July,
Eurostat the Statistical Office of the European Communities in Luxembourg
reports today. A year earlier the rate was 1.3%. EU15 annual inflation was
up from 1.0% in June to 1.1% in July. In July 1998 it was 1.4%. EEA annual
inflation increased from 1.0% to 1.1%. Highest annual rates were in Spain
(2.1%), Denmark (2.0%), Ireland and Portugal (both: 1.9%). Lowest rates
were in Luxembourg (-0.3%), Sweden (0.2%) and Austria (0.3%). Compared with
June, annual inflation fell in six Member States, rose in five and was
unchanged in four. Compared to a year earlier, the biggest relative rises
were in Denmark (1.4% to 2.0%) and Finland (1.1% to 1.4%) and biggest
relative falls were in Luxembourg (1.2% to -0.3%) and Sweden (1.3% to
0.2%). Lowest 12-month averages up to July were in Sweden (0.2%), Germany,
France and Austria (all three: 0.4%), and highest in Greece (3.3%),
Portugal (2.4%) and Ireland (2.3%). Annual inflation rose to 2.1% in the
USA and 0.7% in Switzerland. (No data available yet for Japan). These
indices are not strictly comparable with EU harmonized indices.
MIDDAY EXPRESS
From EUROPA, the European Commission Server at http://europa.eu.int/
© ECSC - EC - EAEC, Brussels-Luxembourg, 1995, 1996
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