In January, Estonia continued to have the highest annual inflation in the Eurozone, 3.7 percent. Of the EU 27, only Romania's massive 5.1 percent inflation surpassed Estonia's rate, according to fresh figures from Eurostat.
The euro area's average annual inflation was at 2 percent for the month, down from 2.2 percent in December 2012. A year earlier the rate was 2.7 percent. Monthly inflation was -1.0 percent in January.
Meanwhile, the EU as whole recorded an annual inflation rate of 2.1 percent, down from 2.3 in December and 2.9 a year earlier.
The lowest annual rates for the month were observed in Greece (0.0 percent), Portugal (0.4 percent) and Latvia (0.6 percent). The lowest 12-month average rates up to January 2013 were registered in Greece, Sweden and Ireland, while the highest were in Hungary, Estonia, Romania and Slovakia.
The largest upward impacts on euro area annual inflation in January came from electricity, vegetables and tobacco, while telecommunications, medical services and garments had the biggest downward impacts.