In the second month this year, EU’s Member States with the highest inflation rates were Latvia, (9.4%), Lithuania (8.5%) and Romania (6.9%), according to the statistical office of the European Union.
However, the lowest annual inflation rates in February were recorded in Ireland (0.1%), Portugal (0.1%) and Cyprus (0.6%).
The annual inflation slowed down in February, from 1.8% in January, to 1.7% , while the annual inflation in euro area widened to 1.2% from 1.1% in January.
Third highest inflation in EU
Annual inflation rate recorded by Romania in February 2009, of 6.9% exceeded fourfold the average of the European Union, Romanian taking up third position on highest annual inflation rate, according to the statistics provided by Eurostat.
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