Eurostat has released its latest, November inflation data, showing that the average annual inflation rate in the European Union as a whole was 3.1 percent in November, while it was 2.4 percent in the eurozone.
The data also showed that the Czech Republic overtook Hungary, with annual inflation being 8 percent, compared with Hungary's 7.7 percent, according to Eurostat.
After Hungary, Romania and Slovakia had the next highest annual rates of money depreciation, both at 6.9 percent. By contrast, Belgium's inflation was negative at -0.8 percent, while Denmark and Italy recorded 0.3 percent and 0.6 percent respectively.
In its first estimate, the Hungarian Central Statistical Office put Hungarian inflation at 7.9 percent in November, following the first time in a long while that the rate of consumer price inflation fell to single digits, to 9.9 percent, in October.
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