19.Jul .2022 20:00

Annual inflation Up to 9.6% in the EU

Annual inflation Up to 9.6% in the EU
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The euro area annual inflation rate was 8.6% in June 2022, up from 8.1% in May. A year earlier, the rate was
1.9%. European Union annual inflation was 9.6% in June 2022, up from 8.8% in May. A year earlier, the rate was 2.2%. These figures are published by Eurostat, the statistical office of the European Union.

The lowest annual rates were registered in Malta (6.1%), France (6.5%) and Finland (8.1%). The highest annual rates were recorded in Estonia (22.0%), Lithuania (20.5%) and Latvia (19.2%). Compared with May, annual inflation fell in two Member States and rose in twenty-five.

In June, the highest contribution to the annual euro area inflation rate came from energy (+4.19 percentage points, pp), followed by food, alcohol & tobacco (+1.88 pp), services (+1.42 pp) and non-energy industrial goods (+1.15 pp).