The lowest annual rates were registered in Malta (2.6%), Portugal (2.8%) and Finland (3.2%). The highest annual rates were recorded in Estonia (12%), Lithuania (10.7%) and Poland (8%).
Officially, compared to November, annual inflation fell in seven member countries, stabilized at two and rose at 18.
The eurozone’s annual inflation rate in December 2021 was 5%, up from 4.9% in November. It was minus 0.3% a year ago. The European Union’s (EU) annual inflation rate in December was 5.3%, up from 5.2% in November. A year ago it was 0.3%, according to figures released by the Eurostat of the EU Statistics Bureau.
Energy (+2.46 percentage points, pp) was the largest contributor to the annual Eurozone inflation rate in December, followed by services (+1.02 pp), non-energy industrial products (+0.78 pp), food and alcohol. The cigarette continued. (+0.71 pp).
Fiber2Fashion News Desk (DS)
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Annual inflation rate in December 2021 is 5% in the euro area and 5.3% in the EU
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