The annual inflation rate in the euro area fell to 0.1% in May 2020, from 0.3% in April 2020, while in the European Union it fell to 0.6% from 0.7% in the previous month, the member countries with the highest inflation rates being Poland, the Czech Republic, Hungary, Slovakia and Romania, show the data published by the European Statistical Office (Eurostat).
Compared to April, the annual inflation rate in April fell in 20 Member States, remained stable in two countries and rose in five other Member States. In Romania, the annual inflation rate fell to 1.8% in May, from 2.3% in April, according to Agerpres.
The highest annual inflation rates in the EU were recorded last month in Poland (3.4%), the Czech Republic (3.1%), Hungary (2.2%), Slovakia (2.1%) and Romania (1.8%).
At the opposite pole are some EU Member States where the annual inflation rate is negative: Estonia (-1.8%), Luxembourg (-1.6%), Cyprus and Slovenia (both minus 1.4%).