Eurozone inflation comparison Inflation in the 19-member eurozone hit a record 8.1% year-on-year in May, a record since the currency was introduced in 2002 SNAPSHOT OF INFLATION AMONG EUROZONE MEMBERS (%) 0 5 10 15 20 Estonia 20.1 Lithuania 18.5 Latvia 16.4 Slovakia 11.8 Greece 10.7 Netherlands 10.2 Belgium 9.9 Luxembourg 9.1 Cyprus 8.8 Germany 8.7 Slovenia 8.7 Spain 8.5 Ireland 8.2 Austria 8.1 Portugal 8.1 Italy 7.3 Finland 7.1 France 5.8 Malta 5.6 Jun 2021 12 months May 2022* EUROZONE INFLATION May 2022: 8.1% Russia invades Ukraine Covid-19 pandemic begins 10 9 8 7 6 5 4 3 2 1 0 2017 18 19 20 21 2022 *May 2022 data estimated. Sources: Bloomberg, Economic Times, Eurostat, European Central Bank Picture: Lukasz Radziejewski (Pexels) © GRAPHIC NEWS