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Eurozone inflation drops to 8.5% in February: Eurostat

The annual inflation among the 20 nations that use the euro has fallen, but less than expected as food costs surge.

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4 Feb 2022
Inflation fed by high oil and gas prices hit record levels in Europe for the third month in a row, extending pain for consumers and sharpening questions about future moves by the European Central Bank. Once again, soaring energy prices played a major role, rising a painful 28.6%.
1 Jun 2022
Inflation in the eurozone has hit another record high, as the war in Ukraine stokes energy and food prices. Prices had already been increasing because of supply chain problems in the wake of the coronavirus pandemic.
2 Oct 2022
Inflation in the eurozone reached 10% in September, the highest it has ever been in the history of the common European currency.
1 Nov 2022
The increase outpaced the predictions from economists. The European Central Bank hinted that another interest rate hike was likely on the horizon.
7 Dec 2022
The euro is performing better than expected with annual inflation dropping to 10% in November this year, partly due to energy prices. But experts are not overly optimistic.
9 Jan
Inflation in the 19 countries using the euro stood at 9.2% year-on-year in December. Having peaked in October at 10.6%, a slight reduction in the pace of inflation is prompting hopes of the peak having passed.
3 Mar
The annual inflation among the 20 nations that use the euro has fallen, but less than expected as food costs surge.
2 Jun
The annual inflation rate in the Eurozone dipped sharply in May to 6.1 percent, its lowest level since Russia invaded Ukraine last year. Despite this, European Central Bank Chief Christine Lagarde hinted at further, more gradual interest rate hikes to bring inflation down to its target of 2 percent.
30 Jun
Annual inflation dropped to 5.5% in the 20 eurozone countries. However, the European Central Bank is still expected to raise interest rates in July.
6 Aug
The EU's statistical agency said Germany was the bloc's top beer producer, whereas the Netherlands was the top exporter. The majority of the EU's beer was exported in 2022 to the UK.