09.Jan .2022 17:00

Euro area annual inflation up to 5.0%

Euro area annual inflation up to 5.0%
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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 statistical office of the European Union.

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).