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AGENCE EUROPE - Euro area inflation rate hits new record high, says <em>Euro...
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Europe Daily Bulletin No. 13003

30 July 2022
Contents Publication in full By article 2 / 19
ECONOMY - FINANCE - BUSINESS / Economy
Euro area inflation rate hits new record high, says Eurostat
Brussels, 29/07/2022 (Agence Europe)

The inflation rate in the euro area is expected to reach 8.9% in July 2022, hitting a new record level after June (8.6%), according to the latest estimates published by Eurostat, the Statistical Office of the European Union, on Friday 29 July.

Due to the Russian invasion of Ukraine, this indicator has been peaking at record levels month after month since November. 

High inflation in the euro area is mainly driven by soaring energy prices.

This component should thus see an annual inflation...

Contents

Summer break: Agence Europe is closed from 1 to 19 August inclusive. Issue 13004 will be published on Monday 22 August at the end of the day. We thank you for your loyalty and we wish you a relaxing break!
ECONOMY - FINANCE - BUSINESS
ECONOMY: euro area inflation rate hits new record high, says Eurostat
ECONOMY: euro area growth exceeds expectations at 0.7% in Q2
ECONOMY: according to Commission, in 18 months, significant progress has been made in implementation of Recovery and Resilience Facility
STATE AID: Commission authorises €700 million French State aid scheme for research and innovation
SECTORAL POLICIES
INTERNAL MARKET/INDUSTRY: European Commission will present two important legislative dossiers at beginning of new year
HEALTH: medicines regulators set out 2022-2025 work plan for optimal use of big data
DIGITAL: fifteen MEPs call on European Commission to submit a legislative proposal to support players in EU technology industry
INSTITUTIONAL
EUROPEAN COMMISSION : European Commission publishes its ‘Annual Burden Survey’ for 2021
EXTERNAL ACTION
WTO: South Africa requests WTO dispute with EU over EU phytosanitary measures
UKRAINE: international community welcomes appointment of head of Specialized Anti-Corruption Prosecutor’s Office
TRADE/CLIMATE: CBAM should bring economic opportunities and create jobs, according to study by European Trade Union Institute ETUI
SECURITY - DEFENCE
CSDP: EU extends EU missions in CAR
Russian invasion of Ukraine
STATE AID: Commission authorises €2.9 billion Italian scheme to help companies meet liquidity needs
NEWS BRIEFS
HOME AFFAIRS: Covid-19 certificates from Oman, Peru and Philippines recognised in EU from 1 August
STATE AID: €114 million French support for sugar cane producers in outermost regions gets green light
HUMAN RIGHTS: Council of Europe calls for combating use of technology to recruit and exploit victims of trafficking in human beings
ENERGY: fifty French elected representatives call on EU to abandon gas agreement with Azerbaijan
ENVIRONMENT: United Nations General Assembly recognises right to healthy environment as human right