73/2022 - 1 July 2022
Flash estimate - June 2022
Euro area annual inflation up to 8.6% Euro area annual inflation is expected to be 8.6% in June 2022, up from 8.1% in May 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 June (41.9%, compared with 39.1% in May), followed by food, alcohol & tobacco (8.9%, compared with 7.5% in May), non-energy industrial goods (4.3%, compared with 4.2% in May) and services (3.4%, compared with 3.5% in May).
Euro area annual inflation, June 2022, % 0
2
4
6
8
10
12
14
16
18
20
22
24
26
28
30
32
34
36
38
40
42
44
All-items HICP Food, alcohol & tobacco Energy Non-energy industrial goods Services
Euro area annual inflation and its components, % Weights (‰) 2022 All-items HICP All-items excluding: > energy
Monthly rate
Annual rate Jun 22
Jun 22
1000.0
Jun 21 1.9
Jan 22 5.1
Feb 22 5.9
Mar 22 7.4
Apr 22 7.4
May 22 8.1
8.6e
0.8e
890.7
0.8
2.5
3.1
3.4
4.1
4.6
5.0e
0.5e
> energy, unprocessed food
841.2
0.9
2.4
2.9
3.2
3.9
4.4
4.6e
0.4e
> energy, food, alcohol & tobacco
681.8
0.9
2.3
2.7
3.0
3.5
3.8
3.7e
0.2e
Food, alcohol & tobacco
208.9
0.5
3.5
4.2
5.0
6.3
7.5
8.9e
1.1e
> processed food, alcohol & tobacco
159.4
0.8
3.0
3.5
4.1
5.4
7.0
8.2e
1.3e
49.5
-0.3
5.2
6.2
7.8
9.2
9.0
11.1e
0.6e
Energy
109.3
12.6
28.8
32.0
44.3
37.5
39.1
41.9e
3.3e
Non-energy industrial goods
265.2
1.2
2.1
3.1
3.4
3.8
4.2
4.3e
0.2e
Services
416.7
0.7
2.3
2.5
2.7
3.3
3.5
3.4e
0.3e
> unprocessed food
e estimate