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Flash estimate, January 2022: Euro area annual inflation up to 5.1%

Euro area annual inflation is expected to be 5.1% in January 2022, up from 5.0% in December according to a flash estimate from Eurostat, the EU statistical office.

A red busket filled with fruits, vegetables, canned goods, ©Adobe Stock
Adobe Stock

date:  10/02/2022

See also:  Euro area annual inflation up to 5.1%

Looking at the main components of euro area inflation, energy is expected to have the highest annual rate in January (28.6%, compared with 25.9% in December), followed by food, alcohol & tobacco (3.6%, compared with 3.2% in December), services (2.4%, stable compared with December) and non-energy industrial goods (2.3%, compared with 2.9% in December).