Euro area annual inflation is expected to be 9.1 % in August 2022, up from 8.9 % in July 2022.
Euro area annual inflation rate and its main components
Euro area annual inflation is expected to be 9.1 % in August 2022, up from 8.9 % in July 2022.
Looking at the main components of euro area inflation, energy is expected to have the highest annual rate in August (38.3 %, compared with 39.6 % in July), followed by food, alcohol & tobacco (10.6 %, compared with 9.8 % in July), non-energy industrial goods (5.0 %, compared with 4.5 % in July) and services (3.8 %, compared with 3.7 % in July).
