Euro Zone Inflation Confirmed At 9.1% As Energy, Food Prices Surge
Euro zone inflation hit another record high of 9.1% in August, EU statistics office Eurostat confirmed on Friday, driven by sharply higher energy and food prices, and was likely headed towards double figures.

Eurostat said that 3.95 percentage points of the year-on-year change came from more expensive energy and 2.25 points from food, alcohol and tobacco
Consumer price inflation in the 19 countries using the euro rose 0.6% month-on-month and by 9.1% year-on-year, the highest rate since the euro was created in 1999. In its flash estimate at the end of August, Eurostat had given a monthly change figure of 0.5%. The annual figure of 9.1% was not revised.
Eurostat said that 3.95 percentage points of the year-on-year change came from more expensive energy – the costs of which surged because of Russia’s invasion of Ukraine – and 2.25 points from food, alcohol and tobacco. But even when excluding volatile energy and unprocessed food – what the European Central Bank calls core inflation – prices were still 5.5% higher than a year earlier, from 5.1% in July.
Related news
Abundant harvest, expensive bread – Prices are rising in Croatia despite a good wheat year
Although the 2025 wheat harvest in Croatia ends with an…
Read more >Slowdown and price increase at the same time – this is how the milk market will develop in the summer
The dairy sector is experiencing both international price increases and…
Read more >Related news
Carrefour sells Italian branch to NewPrinces Group
Carrefour has entered into a binding agreement with NewPrinces Group…
Read more >