Inflation Still Highest in Eurozone ({{commentsTotal}})

Source: Photo: Postimees/Scanpix

A fresh monthly update from Eurostat shows that Estonia continues to have the highest annual inflation rate in the Eurozone, at 3.8 percent.

For the Eurozone as a whole, annual inflation was at 1.7 percent in March, down a tenth of a percentage point since February, figures from EU's statistical office show.

The highest annual inflation recorded in the EU 27 was in Romania, with a rate of 4.4 percent, and was followed by Estonia and the Netherlands.

Meanwhile, the lowest annual rates were observed in Greece (-0.2 percent), Latvia (0.3 percent) and Sweden (0.5 percent).

Compared with February 2013, annual inflation fell in 20 member states, remained stable in five and rose in one.

The largest factors to the upward impact of euro area annual inflation came from the prices of electricity, vacation packages and accommodation services, while fuels for transport, telecommunications as well as medical and paramedical services had the biggest downward impact.