In September, inflation was still 9.9 percent. Furthermore, the rise in inflation is stronger than economists had generally predicted. Energy prices still represent by far the majority of the currency depreciation. Energy prices increased by 41.9%. The prices of food, alcohol and tobacco (+ 13.1%) are also driving inflation.
In Belgium, inflation was 13.1 per cent according to Eurostat. The European service uses a different calculation method than the Belgian statistical office Statbel, which on Friday estimated inflation for October at 12.27 percent.
In the Netherlands, the inflation figure was 16.8 per cent according to the European measurement method. Only in the Baltic states is inflation even higher. Of the countries that have already provided data, prices have risen the least in France. Consumers paid 7.1% more than a year earlier.
