Malta had the highest inflation among countries in the euro area in May.

A Eurostat survey found that while the annual inflation was zero percent in euro countries, down from 0.6 percent in April, in Malta this was 3.4 percent.

Inflation was higher than in Malta in five EU states not in the euro area, namely Hungary, Poland, Latvia, Lithuania and Romania.

The lowest annual rates were observed in Ireland (-1.7%), Portugal (-1.2%), Spain and Luxembourg (both -0.9%), and the highest in Romania (5.9%), Lithuania (4.9%) and Latvia (4.4%). Compared with April 2009, annual inflation fell in 24 member states, including Malta.

The lowest 12-month averages up to May were registered in Portugal (1.3%), Ireland (1.5%) and Germany (1.8%), and the highest in Latvia (11.2%), Lithuania (9.3%) and Bulgaria (8.3%).

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