Annual harmonised inflation in Cyprus dropped significantly in September 2012, from 4.5% in August to 3.6%, according to figures released by Eurostat.

 Euro area annual inflation was 2.6% in September 2012, unchanged compared with August. A year earlier the rate was 3.0%. Monthly inflation was 0.7% in September 2012.

 EU annual inflation was 2.7% in September 2012, unchanged compared with August. A year earlier the rate was 3.3%. Monthly inflation was 0.6% in September 2012.

 In September 2012, the lowest annual rates were observed in Greece (0.3%), Sweden (1.0%) and Latvia (1.9%), and the highest in Hungary (6.4%), Romania (5.4%) and Estonia (4.1%). Compared with August 2012, annual inflation rose in eleven member states, remained stable in five and fell in ten.

 The lowest 12-month averages up to September 2012 were registered in Sweden (0.9%), Greece (1.6%) and Ireland (1.9%), and the highest in Hungary (5.3%), Estonia (4.3%) and Poland (4.1%).

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