EconomyNews

August 2022 inflation rises to 9.1% in Eurozone, 10.1% in the EU

BTJ Desk Report
SHARE
Top 4 RMG exporters sees decline in EU

The annual inflation rate in the Eurozone was 9.1% in August this year, up from 8.9% in July. A year earlier, the rate was 3%, according to the EU statistical office Eurostat.

The Eurostat also said that in the mentioned period, in the European Union (EU), inflation was 10.1% in August, up from 9.8% in July. A year earlier, the rate for the EU was 3.2%.

The lowest annual rates were registered in France (6.6%), Malta (7%), and Finland (7.9).

The highest annual rates were recorded in Estonia (25.2%), Latvia (21.4%), and Lithuania (21.1%), Eurostat added.

Compared with July, annual inflation fell in 12 member states and rose in 15.

In August, the highest contribution to the annual euro area inflation rate came from energy (plus 3.95 percentage points, or pp), followed by food, alcohol, and tobacco (plus 2.25 pp), services (plus 1.62 pp), and non-energy industrial goods (plus 1.33 pp), Eurostat data showed.

SHARE

Comment here


ITMA ASIA + CITME 2026

20 to 24 November 2026

National Exhibition and Convention Center, Shanghai, China

This will close in 5 seconds