Eurozone inflation eased to 9.2% in December

Spain (5.

Eurozone inflation eased to 9.2% in December

Spain (5.6%) registered the least intense rise in prices among the countries of the euro area

MADRID, 6 Ene. (EUROPA PRESS) -

The year-on-year inflation rate in the euro area stood at 9.2% in December, which implies a drop of nine tenths compared to the 10.1% in November, according to preliminary information published by the community statistical office, Eurostat. , which points to Spain as the eurozone country where prices rose less intensely, with 5.6%.

In December, the rise in energy prices has moderated to 25.7% from 34.9% in November, while the price of fresh food has been 12%, compared to 13.8% in the month past.

Likewise, services have risen by 4.4% year-on-year, two tenths more than in November, and non-energy industrial goods have become more expensive by 6.4%, three tenths more than in the previous month.

By excluding the impact of energy from the calculation, the year-on-year inflation rate in the euro area stood at 7.2% in December, two tenths above the rise in November, while by also excluding the effect of the prices of fresh food, alcohol and tobacco, the underlying inflation rate rose two tenths and stood at a new all-time high of 5.2%.

Among the Eurozone countries with available data, nine economies recorded double-digit year-on-year inflation rates, with the largest price increases concentrated in Latvia (20.7%), Lithuania (20%) and Estonia (17.5%). .

In contrast, the less intense harmonized inflation rates in December corresponded to Spain (5.6%), Luxembourg (6.2%) and France (6.7%).

Thus, the favorable price differential for Spain with respect to the euro area widened in December to 3.6 percentage points from the 3.4 points of the previous month.

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