Euro Area Annual Inflation up to 5.8%

03 March 2022

Euro area annual inflation is expected to be 5.8% in February 2022, up from 5.1% in January according to a flash estimate from Eurostat, the statistical office of the European Union.

Looking at the main components of euro area inflation, energy is expected to have the highest annual rate in February (31.7%, compared with 28.8% in January), followed by food, alcohol & tobacco (4.1%, compared with 3.5% in January), non-energy industrial goods (3.0%, compared with 2.1% in January) and services (2.5%, compared with 2.3% in January).

The next release with full data for February 2022 is scheduled for 17 March 2022.

Source:  Eurostat
Post by: Republic of Turkiye Ministry of Trade