The Statistic Service of the EU notes that in March 2014, negative annual rates were observed in Bulgaria (-2.0%), Greece (-1.5%), Cyprus (-0.9%), Portugal and Sweden (both-0.4%), Spain and Slovakia (both -0.2%) and Croatia (-0.1%).

The highest annual rates were recorded in the United Kingdom (1.6%), Malta and Austria (both 1.4%). Compared with February 2014, annual inflation fell in nineteen Member States, remained stable in three and rose in six.

Euro area annual inflation was 0.5% in March 2014, down from 0.7% in February. A year earlier the rate was 1.7%. Monthly inflation was 0.9% in March 2014. European Union annual inflation was 0.6% in March 2014, down from 0.8% in February.

Source: CNA