Euro area1 annual inflation was 1.3% in August 20132, down from 1.6% in July. A year earlier the rate was 2.6%. Monthly inflation was 0.1% in August 2013. European Union3 annual inflation was 1.5% in August 2013, down from 1.7% in July. A year earlier the rate was 2.7%. Monthly inflation was 0.1% in August 2013. These figures come from Eurostat, the statistical office of the European Union. In August 2013, the lowest annual rates were observed in Greece (-1.0%), Bulgaria (-0.7%) and Latvia (-0.1%), and the highest in Estonia (3.6%), the Netherlands (2.8%) and Romania (2.6%). Compared with July 2013, annual inflation ... (full story)