Home breadcru News breadcru Policy breadcru Euro area annual inflation rate rises to 9.9% in Sep, EU rate to 10.9%

Euro area annual inflation rate rises to 9.9% in Sep, EU rate to 10.9%

21 Oct '22
1 min read
Pic: Shutterstock
Pic: Shutterstock

The euro area annual inflation rate was 9.9 per cent this September, up from 9.1 per cent in August, according to the European Union (EU) statistical office Eurostat.  A year earlier, the rate was 3.4 per cent. Annual inflation rate in the EU was 10.9 per cent in September, up from 10.1 per cent in August. A year earlier, the EU rate was 3.6 per cent.

The lowest annual rates were registered in France (6.2 per cent), Malta (7.4 per cent) and Finland (8.4 per cent).

The highest annual rates were recorded in Estonia (24.1 per cent), Lithuania (22.5 per cent) and Latvia (22 per cent).

Compared with August, annual inflation fell in six EU member states, remained stable in one and rose in 20.

In September, the highest contribution to the annual euro area inflation rate came from energy (4.19 percentage points).

ALCHEMPro News Desk (DS)

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