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Annual inflation up to 4.9% in the euro area; up to 5.2% in the EU

The euro area annual inflation rate was 4.9% in November 2021, up from 4.1% in October. A year earlier, the rate was -0.3%.

A graph showing increase of inflation to 4.9% in the Euro area, ©European Union
European Union

date:  21/12/2021

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EU annual inflation was 5.2% in November 2021, up from 4.4% in October. A year earlier, the rate was 0.2%. These figures are published by Eurostat, the statistical office of the EU. The lowest annual rates were registered in Malta (2.4%), Portugal (2.6%) and France (3.4%). The highest annual rates were recorded in Lithuania (9.3%), Estonia (8.6%) and Hungary (7.5%). Compared with October, annual inflation remained stable in one Member State and rose in twenty-six. In November, the highest contribution to the annual euro area inflation rate came from energy (+2.57 percentage points, pp), followed by services (+1.16 pp), non-energy industrial goods (+0.64 pp) and food, alcohol & tobacco (+0.49 pp).