Hungary had an annual inflation rate of 3.2% in August, while Netherlands and Latvia had annual rates of 3.1% each.

The lowest inflation rates in August were in Portugal (-0.1%), Greece (0.1%) and Spain (0.4%).

European Union annual inflation in August was 1.4%, stable compared with July. In August 2018, the EU annual inflation rate stood at 2.2%.

Euro area inflation remained unchanged at 1% in August, the same as in July. In August 2018, euro area annual inflation stood at 2.1%.

Compared with July, annual inflation fell in nine member states, remained stable in six and rose in twelve.

In August, the highest contribution to the annual euro area inflation rate came from services (+0.60 percentage points), followed by food, alcohol and tobacco (+0.40), non-energy industrial goods (+0.08 pp) and energy (-0.06 pp).