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EU inflation hits 5.2% in November

The annual inflation rate hit 5.2% in the 27-member bloc in November, up from 4.1% in October.

A year earlier, the rate was minus 0.2% in the European Union, according to the statistical office Eurostat’s data on Friday.

On the eurozone side, the annual inflation increased from 4.1% to 4.9% month-on-month in November. It was minus 0.3% in November 2020.

The annual rate increased in almost all member countries in November.

The lowest rates were posted by Malta (2.4%), Portugal (2.6%), and France (3.4%) in the month.

“The highest annual rates were recorded in Lithuania (9.3%), Estonia (8.6%) and Hungary (7.5%),” the office said.

The energy sector was the main contributor to the inflation with 2.57 percentage points, followed by the services (1.15 percentage points), non-energy industrial goods (0.64 percentage points), and food-alcohol-tobacco (0.49 percentage points).

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Dikkat! Suç teşkil edecek, yasadışı, tehditkar, rahatsız edici, hakaret ve küfür içeren, aşağılayıcı, küçük düşürücü, kaba, müstehcen, ahlaka aykırı, kişilik haklarına zarar verici ya da benzeri niteliklerde içeriklerden doğan her türlü mali, hukuki, cezai, idari sorumluluk içeriği gönderen Üye/Üyeler’e aittir.