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Year-on-year inflation in the eurozone rose to 1.5 percent in August

The annual rate of inflation in the euro area rose by two tenths during August compared to July to 1.5%, while in the European Union (EU) as a whole increase was also two-tenths, to 1.7%, according to data published today by Eurostat.

Brussels, Sep 18 (EFE) .- The annual rate of inflation in the euro zone rose by two tenths of a point during August compared to July to 1.5%, while in the whole of the European Union (EU) the increase was also two tenths, to 1.7%, according to data published by Eurostat today.

In August 2016, the indicator in the nineteen countries that share of the single currency stood at 0.2%, compared to 0.3% in the Twenty-eighth.

As far as Spain is concerned, annual inflation was 2%, after during the eighth month of last year.

The lowest annual rates were recorded in Ireland (0.4%), Cyprus (0.5%), Greece and Romania (0.6% (4.2%) and Latvia (3.2%).

Compared with July 2017, inter-annual inflation increased in 20 Member States, five and fell in three.

The biggest upward impacts on the euro area rate came from transport fuels (0.16 percentage points), housing services (0.10) and air transport (0.06), while lower inflation (telecommunications -0.12 points), vegetables (-0.05) and social protection (-0.04).

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