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Eurozone Inflation Rate Slows For The First Time In A Year

The Eurozone inflation rate has slowed for the first time in a year. Figures show it's now at 10% fo...
Ben Finnegan
Ben Finnegan

11:51 AM - 30 Nov 2022



Eurozone Inflation Rate Slows...

News

Eurozone Inflation Rate Slows For The First Time In A Year

Ben Finnegan
Ben Finnegan

11:51 AM - 30 Nov 2022



The Eurozone inflation rate has slowed for the first time in a year.

Figures show it's now at 10% for November.

It's the slightest of falls between October and November - the rate falling by 0.6%.

In October it was at 10.6%.

The EU figures show Ireland's rate is estimated to be even lower than the Eurozone - at 9%.

The actual Irish inflation will be confirmed by the CSO in the coming days.

Compared across the Eurozone - Ireland has the sixth lowest rate.

Latvia has the highest at just over 21%, while Spain has the lowest at 6%.

One of the big drivers is energy prices going up in the year between November 2021 and November 2022 by 43%.



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Cost Of Living EU Europe Eurozone Inflation Latvia Spain

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