Euro area inflation reached 10.6% after the pandemic and Russia's invasion of Ukraine, the highest level since the introduction of the euro.
98% confidence
EconomyEuropean Union
Sources
PrimaryEurostat - European CommissionThe euro area annual inflation rate was 10.6% in October 2022, up from 9.9% in September. A year earlier, the rate was 4.1%.
PrimaryEuropean Central Bank (ECB) - Blog PostInflation continued to climb through the rest of 2021 and most of 2022, peaking at 10.6 per cent in October 2022.
PrimaryEuropean Central Bank (ECB) - Research BulletinIn the euro area, inflation reached a peak of 10.6% in October 2022. The increase was marked and unexpected, and energy and food prices were its main drivers.