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The euro area annual inflation rate was 1.3% in December 2019, up from 1.0% in November, according to data released by Eurostat, the statistical office of the European Union. A year earlier, the rate was 1.5%. European Union annual inflation was 1.6% in December 2019, up from 1.3% in November. A year earlier, the rate was 1.6%. In Cyprus inflation increased to 0.7% in December 2019, up from 0.5% in November 2019, while a year earlier it was 1.0%.According to …
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