In June 2022, the annual inflation rate in the Eurozone was 8.6% in the Eurozone and 9.6% in the EU.
The year-on-year inflation rate in the euro zone slowed down, in June, to 5.5%, and that of the European Union to 6.4%, against, respectively, 6.1% and 7.1% in May, according to data released today by Eurostat.
In June 2022, the annual inflation rate in the Eurozone was 8.6% in the Eurozone and 9.6% in the EU.
According to the European statistical service, which for the euro zone confirmed the rate that had been advanced in the flash estimate of 30 June, the food, alcohol and tobacco component recorded the highest year-on-year inflation rate (11.6%, compared to to 12.5% in May), followed by non-energy industrial goods (5.5%, which compares with 5.8%), services (which rose from 5.0% to 5.4% from May to June), and energy (with a deflation of 5.6% compared to 1.8% in May).
The underlying inflation rate (excluding energy and unprocessed food), on the other hand, fell to 6.8%, from 6.9% in May.
The highest inflation rates – measured by the Harmonized Index of Consumer Prices (HICP) – were recorded in June in Hungary (19.9%), Slovakia (11.3%) and the Czech Republic (11.2%). and the smallest in Luxembourg (1.0%), Belgium and Spain (1.6% each).
Read more at: TSF
