UK markets close in 7 hours 58 minutes
  • FTSE 100

    7,539.93
    +30.78 (+0.41%)
     
  • FTSE 250

    20,395.11
    +12.35 (+0.06%)
     
  • AIM

    934.03
    -0.08 (-0.01%)
     
  • GBP/EUR

    1.1860
    +0.0001 (+0.01%)
     
  • GBP/USD

    1.2027
    -0.0031 (-0.26%)
     
  • BTC-GBP

    19,962.12
    -163.06 (-0.81%)
     
  • CMC Crypto 200

    569.11
    -21.65 (-3.66%)
     
  • S&P 500

    4,297.14
    +16.99 (+0.40%)
     
  • DOW

    33,912.44
    +151.39 (+0.45%)
     
  • CRUDE OIL

    88.91
    -0.50 (-0.56%)
     
  • GOLD FUTURES

    1,793.10
    -5.00 (-0.28%)
     
  • NIKKEI 225

    28,868.91
    -2.87 (-0.01%)
     
  • HANG SENG

    19,763.85
    -277.01 (-1.38%)
     
  • DAX

    13,843.39
    +26.78 (+0.19%)
     
  • CAC 40

    6,581.00
    +11.05 (+0.17%)
     

Half of euro zone June inflation came from energy - Eurostat

·1-min read
The skyline is photographed early evening in Frankfurt

BRUSSELS (Reuters) - Almost half of the record high inflation in the euro zone in June resulted from the energy price spike, the EU's statistics office said on Tuesday, with more expensive food the second biggest factor and services the third.

Eurostat confirmed its earlier estimate that consumer prices in the 19 countries sharing the euro rose 8.6% year-on-year in June, marking another record jump after an 8.1% rise in May and a 7.4% increase in April.

Energy prices contributed 4.19 percentage points to the overall year-on-year reading, food, alcohol and tobacco another 1.88 points and services 1.42 points, Eurostat said.

The highest year-on-year inflation rate in the euro zone was in Estonia where prices surged 22% in June. Lithuania had inflation of 20.5%, Latvia 19.2% and Slovakia 12.6%.

Price growth was lowest in Malta with 6.1%, France at 6.5% and Finland with 8.1%. Germany's inflation rate was 8.2%.

(Reporting by Jan Strupczewski; editing by Philip Blenkinsop)

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting