High Inflation Presiding in the Euro Area
Coleeann Hutchinson2022-09-28T14:01:41-05:00September 28, 2022 In August, inflation increased further to 9.1%, with food prices increasing by 10.6%. At 38.3%, energy price inflation remained incredibly high and once again accounted for the majority of overall inflation. Though supply bottlenecks have been easing, higher input costs related to energy, disruptions of trade in food commodities and adverse