Aug 2022 annual inflation rises to 9.1% in euro area, 10.1% in EU

The lowest annual rates were registered in France (6.6 per cent), Malta (7 per cent) and Finland (7.9 per cent). The highest annual rates were recorded in Estonia (25.2 per cent), Latvia (21.4 per cent) and Lithuania (21.1 per cent).

Compared with July, annual inflation fell in 12 member states and rose in 15. In August, the highest contribution to the annual euro area inflation rate came from energy (plus 3.95 percentage points, or pp), followed by food, alcohol and tobacco (plus 2.25 pp), services (plus 1.62 pp) and non-energy industrial goods ( plus 1.33 pp).

ALCHEMPro News Desk (DS)