OREANDA-NEWS. Euro area annual inflation was 0.2% in November 2015, up from 0.1% in October. In November 2014 the rate was 0.3%. European Union annual inflation was 0.1% in November 2015, up from 0.0% in October. A year earlier the rate was 0.3%. These figures come from Eurostat, the statistical office of the European Union.

In November 2015, negative annual rates were observed in twelve Member States. The lowest annual rates were registered in Cyprus (-1.5%), Bulgaria, Romania and Slovenia (all -0.9%). The highest annual rates were recorded in Belgium (1.4%), Malta (1.3%) and Sweden (0.8%). Compared with October 2015, annual inflation fell in ten Member States, remained stable in two and rose in fifteen.

The largest upward impacts to euro area annual inflation came from vegetables and restaurants & cafés (both +0.10 percentage points) and fruit (+0.08 pp), while fuels for transport (-0.54 pp), heating oil (-0.21 pp) and gas (-0.10 pp) had the biggest downward impacts.