Euro area annual inflation is expected to be 9.1 per cent in August 2022, up from 8.9 per cent in July according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro area inflation, energy is expected to have the highest annual rate in August at 38.3 per cent, compared with 39.6 per cent in July.Non-energy industrial goods are expected to have an annual rate of 5 per cent in August 2022, compared with 4.5 per cent in July.
Euro area annual inflation is expected to be 9.1 per cent in August 2022, up from 8.9 per cent in July according to a flash estimate from Eurostat, the statistical office of the EU. Looking at the main components of euro area inflation, energy is expected to have the highest annual rate in August at 38.3 per cent, compared with 39.6 per cent in July.
The euro area consists of Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland.
ALCHEMPro News Desk (KD)
marketing@alchempro.com
