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EU's annual inflation up 9.6%, euro area's at 8.6% in June

20 Jul '22
1 min read
Pic: Shutterstock
Pic: Shutterstock

The euro area annual inflation rate was 8.6 per cent in June 2022, up from 8.1 per cent in May. A year earlier, the rate was 1.9 per cent. European Union’s (EU) annual inflation was 9.6 per cent in June 2022, up from 8.8 per cent in May. It has gone up by 2.2 per cent compared to June 2021, according to Eurostat, the statistical office of the EU.

The lowest annual rates were registered in Malta (6.1 per cent), France (6.5 per cent) and Finland (8.1 per cent), while the highest annual rates were recorded in Estonia (22 per cent), Lithuania (20.5 per cent) and Latvia (19.2 per cent).

Compared with May, annual inflation fell in two Member States and rose in twenty-five, according to Eurostat.

ALCHEMPro News Desk (KD)

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