HomeWorldEurozone annual inflation rate slows to 10% in November

Eurozone annual inflation rate slows to 10% in November

The annual inflation rate in the euro zone moderated slightly in November, to 10.0%, compared to 10.6% in October, remaining in double digits, according to a quick estimate by Eurostat, published on Wednesday.

According to estimates by the statistics service of the European Union (EU), energy is the component with the highest year-on-year inflation rate (34.9%, compared to 41.5% in October), followed by food, alcohol and tobacco (13 .6%). %, which compares with the 13.1% of the previous month), non-energy industrial goods (which remained stable at 6.1%) and services (4.2%, compared to 4.3%).

Among the 19 euro countries, inflation -measured by the Harmonized Consumer Price Index- had the highest values ​​in Latvia (21.7%), Estonia and Lithuania (21.4%) and the lowest in Spain ( 6.6%), Malta (7.2%) and Luxembourg (7.3%), with Portugal registering an estimated rate of 10.3%.

The inflation rate in the euro zone has been accelerating since June 2021, mainly due to the rise in energy prices, and reaching record values ​​since November 2021.

Source: TSF

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