Your current location:HOME >politics >Eurozone inflation slows to 8.5 pct in January: Eurostat 正文
TIME:2024-05-21 16:01:14 Source: Internet compilationEdit:politics
People shop at a store with discount signs in Berlin, Germany, on Feb. 1, 2023. Annual inflation in
People shop at a store with discount signs in Berlin, Germany, on Feb. 1, 2023. Annual inflation in the eurozone is projected to fall to 8.5 percent in January from 9.2 percent in December 2022, according to a flash estimate published on Wednesday by Eurostat, the European Union's (EU) statistical bureau. (Photo by Stefan Zeitz/Xinhua)
BRUSSELS, Feb. 1 (Xinhua) -- Annual inflation in the eurozone is projected to fall to 8.5 percent in January from 9.2 percent in December 2022, according to a flash estimate published on Wednesday by Eurostat, the European Union's (EU) statistical bureau.
Inflation in the eurozone peaked at 10.6 percent last October and has been slowly decreasing since then.
Energy prices remain the main driver of the eurozone's annual inflation rate, with a 17.2 percent increase compared to January 2022 (25.5 percent in December 2022), followed by prices of food, alcohol and tobacco with a year-on-year increase of 14.1 percent in January (13.8 percent in December 2022).
"The drop from 9.2 percent to 8.5 percent is faster than expected," Bert Colijn, senior economist for the eurozone at ING, explained. Food inflation remains stable at 14.1 percent, but energy drives the rate down at the start of the year. The drop from 25.5 percent to 17.2 percent reflects lower market prices and significant negative base effects, he said.
The year-on-year increase in energy prices peaked last October at 41.5 percent. Since then, energy prices have been decreasing.
Price ceilings for energy had an effect, according to Colijn, who expects energy prices to decline further. "In recent days, both the Brent oil price in euros and natural gas market prices have declined year-on-year, which will put more downward pressure on consumer prices in the coming months."
The Baltic countries projected the highest inflation rates for January: 21.6 percent for Latvia, 18.8 percent for Estonia, and 18.4 percent for Lithuania.
The countries with the lowest annual inflation rate include Spain and Luxembourg, both with 5.8 percent, as well as France with 7 percent.
However, data for Germany for January 2023 were not available in time for publication by Eurostat due to technical data processing issues, Colijn noted. ■
A woman visits a store with discount signs in Berlin, Germany, on Feb. 1, 2023. Annual inflation in the eurozone is projected to fall to 8.5 percent in January from 9.2 percent in December 2022, according to a flash estimate published on Wednesday by Eurostat, the European Union's (EU) statistical bureau. (Photo by Stefan Zeitz/Xinhua)
A price board is seen at a gas station in Berlin, Germany, on Feb. 1, 2023. Annual inflation in the eurozone is projected to fall to 8.5 percent in January from 9.2 percent in December 2022, according to a flash estimate published on Wednesday by Eurostat, the European Union's (EU) statistical bureau. (Photo by Stefan Zeitz/Xinhua)
People walk past a store in Berlin, Germany, on Feb. 1, 2023. Annual inflation in the eurozone is projected to fall to 8.5 percent in January from 9.2 percent in December 2022, according to a flash estimate published on Wednesday by Eurostat, the European Union's (EU) statistical bureau. (Photo by Stefan Zeitz/Xinhua)
People visit a shopping mall in Berlin, Germany, on Feb. 1, 2023. Annual inflation in the eurozone is projected to fall to 8.5 percent in January from 9.2 percent in December 2022, according to a flash estimate published on Wednesday by Eurostat, the European Union's (EU) statistical bureau. (Photo by Stefan Zeitz/Xinhua)
A woman walks past a store with discount signs in Berlin, Germany, on Feb. 1, 2023. Annual inflation in the eurozone is projected to fall to 8.5 percent in January from 9.2 percent in December 2022, according to a flash estimate published on Wednesday by Eurostat, the European Union's (EU) statistical bureau. (Photo by Stefan Zeitz/Xinhua)
What's next for Iran after death of its president in crash?2024-05-21 15:43
How Lulu still looks fabulous at 75, from her skincare 'golden rule' to refusing to take lifts2024-05-21 15:37
Michigan approves 'extremely toxic' copper mine just 100ft from Lake Superior2024-05-21 15:24
The Aucklanders who refuse to use food scrap bins2024-05-21 15:23
Jon Wysocki dead at 53: Staind drummer passes away2024-05-21 15:13
China's latest missile test raises the stakes for Biden's nuclear weapons review2024-05-21 14:56
Hong Kong's leading bookstores decline to stock new book by last governor Chris Patten2024-05-21 14:48
Inside the Cold War2024-05-21 13:44
Revealed: Brit tourist, 19, subjected to sex attack in Majorca 'was gang2024-05-21 13:31
Dozens of desperate patients queue 'around the block' before 8am for GP appointment2024-05-21 13:23
Burglar hurled stolen mobile phones at police from the top of 60ft high roof during nine2024-05-21 15:42
Could you get your best ever career advice from a ROBOT? The pros and cons of using AI on the job2024-05-21 15:32
France to FINE patients who miss GP appointments £4.30 in bid to free up millions of slots2024-05-21 15:13
Woman's rare disease causes 202024-05-21 14:59
Rangers are undefeated at .500 to keep World Series champs from a losing record with Bochy2024-05-21 14:09
The black market dealers delivering Elon Musk's Starlink to US adversaries2024-05-21 13:50
Aldi is offering customers FREE beauty products before they even hit shelves2024-05-21 13:42
I found BUGS wriggling in my Sainsbury's risotto rice2024-05-21 13:31
What's next for Iran after death of its president in crash?2024-05-21 13:25
Aldi is offering customers FREE beauty products before they even hit shelves2024-05-21 13:22