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Euro area annual inflation up to 5.0%

Euro area annual inflation is expected to be 5.0% in December 2021, up from 4.9% in November according to a flash estimate from Eurostat, the EU statistical office.

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European Union

date:  13/01/2022

See also:  Euro area annual inflation up to 5.0%

Looking at the main components of euro area inflation, energy is expected to have the highest annual rate in December (26.0%, compared with 27.5% in November), followed by food, alcohol & tobacco (3.2%, compared with 2.2% in November), non-energy industrial goods (2.9%, compared with 2.4% in November) and services (2.4%, compared with 2.7% in November).