In the euro zone, inflation accelerated to 2.9 percent in December
Annual inflation in the euro zone accelerated to 2.9 percent in December from 2.4 percent in November, which was the lowest since June 2021, the EU’s statistical office, Eurostat, announced on Friday as preliminary data.
According to expert expectations, inflation was higher at 3 percent for December. In December, consumer prices increased by 0.2 percent compared to November, when they decreased by 0.6 percent.
In an annual comparison, energy prices fell the most in December, by 6.7 percent after the 11.5 percent fall in November. The largest price increase was still in the combined range of food, alcoholic beverages and tobacco products, 6.1 percent in December after 6.9 percent in November.
After deducting the price of energy, food and leisure items, the annual price increase (core inflation) decreased to 3.4 percent from 3.6 percent in November instead of the expected 3.5 percent.
The highest annual inflation rates were recorded in Slovakia (6.6 percent), Austria (5.7 percent) and Croatia (5.4 percent). The lowest price increases were in Belgium and Italy, both 0.5 percent, and in Latvia, 0.9 percent.
Eurostat will announce the final inflation figures for December on January 17.
Related news
Leaked document: EU would tighten while science argues for harm reduction
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Climate change: a concern that is losing importance in the EU
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >The EU is a net exporter of eggs and egg products
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
The joint donation of JYSK and the Hungarian Food Bank Association provided assistance to thousands of people in need
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >ALDI doubles online shopping availability, home delivery now available to 3.2 million Hungarian consumers
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >HIPA: new rules come into effect in the support system awarded through individual government decisions
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >