The lowest annual rates were registered in Ireland (-0.2%), Cyprus (-0.1%), Bulgaria and Finland (both 0.6%), France (0.8%), Greece (0.9%) and Romania (0.9%). The highest annual rates were recorded in Lithuania (4.1%), Estonia (3.9%), Latvia and the United Kingdom (both 2.6%). Compared with June 2017, annual inflation fell in four Member States, remained stable in eight and rose in sixteen.

Euro area annual inflation was 1.3% in July 2017, stable compared with June 2017. In July 2016, the rate was 0.2%. European Union annual inflation was 1.5% in July 2017, also stable compared to June 2017. A year earlier the rate was 0.2%.

The largest upward impacts to the euro area annual inflation came from accommodation services (+0.10 percentage points), package holidays (+0.06 pp) and air transport (+0.05 pp), while telecommunication (-0.11 pp), vegetables (-0.05 pp) and fruit (-0.04 pp) had the biggest downward impacts.