29/10/2021 (Agence Europe) – Annual inflation in the euro area is estimated at 4.1% in October 2021, up from 3.4% in September, according to a flash estimate published by the Statistical Office of the European Union (Eurostat) on Friday 29 October. The highest rates were observed in Estonia (7.4%), Lithuania (8.2%), and Latvia (6.0%), while the lowest rates were recorded in Malta (1.4%), Portugal (1.8%), and Finland (2.8%). Inflation was 3.1% in Italy, 3.2% in France, 4.6% in Germany, and 5.5% in Spain. Among the main components of euro area inflation, energy is expected to have the highest annual rate in October (23.5%, up from 17.6% in September), followed by services (2.1%, up from 1.7%), industrial goods excluding energy (2.0%, up from 2.1%), and food, alcohol & tobacco (2.0%, stable). (MB)