The FINANCIAL — Euro area1 annual inflation was 2.3% in January 20112, up from 2.2% in December 2010.
A year earlier the rate was 0.9%. Monthly inflation was -0.7% in January 2011.
EU3 annual inflation was 2.7% in January 2011, unchanged compared to December 2010. A year earlier the rate was 1.7%. Monthly inflation was -0.4% in January 2011.
With this data for January 2011, a new methodology4 for the treatment of seasonal products is being used in the calculation of the HICP.
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