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January 20, 2022EU AND EURO AREA CONSUMER PRICE INDEX, DECEMBER AND ANNUAL 2021 Year-over-year (December 2021 vs December 2020)
The inflation rate moved up to 5.3% in the European Union and to 5.0% in the Euro Area in December 2021.
The fastest inflation was reported in Estonia (+12.0%) and Lithuania (+10.7%) and the lowest inflation rates were in Malta (+2.6%) and Portugal (+2.8%).
Food price inflation increased to 4.3% in the European Union and to 3.6% in the Euro Area.
Energy inflation moved down slightly to 24.6% in the European Union and 25.9% in the Euro Area.
Excluding the impacts of energy, food, alcohol and tobacco prices inflation increased to 3.0% in the European Union and was unchanged at 2.6% in the Euro Area in December.
ANNUAL 2021
Annual inflation was 2.9% for the European Union was 2.6% for the Euro Area in 2021. These are higher rates than were experienced over 2012-2020. In 2011, inflation rates in the European Union (2.9%) and Euro Area (2.7%) inflation were at similar rates as 2021.
Source: Eurostat
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