30/11/2021 (Agence Europe) – Annual inflation in the euro area is estimated at 4.9% in November, up from 4.1% in October. This is the highest level in more than 20 years, according to a flash estimate published by the Statistical Office of the European Union (Eurostat) on Tuesday 30 November. It was highest in Lithuania (9.3%) and Estonia (8.4%), and lowest in Malta (2.3%) and Portugal (2.7%). Inflation was 3.4% in France, 4.0% in Italy, 5.6% in Spain and 6.0% in Germany. Among the main components of euro area inflation, energy is expected to have the highest annual rate in November (27.4%, compared with 23.7% in October), followed by services (2.7%, compared with 2.1% in October), industrial goods excluding energy (2.4%, compared with 2.0% in October) and food, alcohol and tobacco (2.2%, compared with 1.9% in October). (MB)