Inflation rate in June is 8.6 percent in the euro zone and 9.6 percent in the EU
The inflation rate in the eurozone and the EU has been accelerating since June 2021, driven by rising energy prices, and reaching record highs since November.
The year-on-year inflation rate in June advanced to 8.6% in the euro zone, from 8.1% in May this year, and to 1.9% in June 2021, while in the European Union it reached 9.6%, according to Eurostat.
According to the data from the European Union’s official statistics office, which confirms the flash estimate advanced on July 1, inflation – measured by the Harmonized Consumer Price Index – reaches a new high in the single currency area, but also in the 27 member states as a whole, with the rate of 9.6 percent in the European Union (EU) compared to 8.8 percent a month earlier and 2.2 percent in June last year.
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