Inflation in the euro area was 10.1 percent per annum in November. Inflation was 23.1 percent in Hungary, 21.7 percent in Latvia, and 21.4 percent in Estonia and Lithuania.
The European Statistical Office (Eurostat) has released the final inflation data for the European Union (EU) and Eurozone for November. Accordingly, annual inflation in the Eurozone, which was 10.6 percent in October, was 10.1 percent in November. In the Eurozone’s leading data, inflation in November was announced as 10 percent. In the final data, Eurozone inflation was revised upwards. Inflation in the Euro Zone in November decreased by 0.1 percent compared to the previous month. Inflation in the EU, which was 11.5 in October, became 11.1 percent in November. Inflation was 4.9 percent in the Euro Area and 5.2 percent in the EU in November last year.
ENERGY AND FOOD PRICES INCREASED 3.82 percent of the inflation in the Euro Area was caused by energy, 2.84 percent by food, alcohol and tobacco products, 1.76 percent by services and 1.63 percent by non-energy industrial products. In November, inflation was 23.1 percent in Hungary, 21.7 percent in Latvia, 21.4 percent in Estonia and Lithuania, 17.2 percent in Czechia, 16.1 percent in Poland, 16.1 percent in Slovakia. 15.1, 14.6 percent in Romania, 14.3 percent in Bulgaria, 13 percent in Croatia, 12.6 percent in Italy, 11.3 percent in Germany and the Netherlands, 11 percent in Austria, 2, 10.8 percent in Slovenia, 10.5 percent in Belgium, 10.2 percent in Portugal, 10.1 percent in Sweden, 9.7 percent in Denmark, 9.1 percent in Finland, Ireland’ 9 percent in Greece, 8.8 percent in Greece, 8.1 percent in the Greek Cypriot Administration, 7.3 percent in Luxembourg, 7.2 percent in Malta, 7.1 percent in France and Spain. determined at 6.7 percent. Thus, inflation was measured in double digits in 18 EU member countries.