Which European nations have the highest gas and food prices?

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According to the EU's statistics department, annual inflation in the eurozone is currently 9.1% and is expected to rise.

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Food, alcohol, non-energy industrial items, and services have all risen since July. Inflation in the Eurozone was forecast at 8.9%.

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The month of August saw energy inflation come in at 38.3%, down from 39.6% in July, according to Eurostat.

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Inflation increased significantly in August, with increases of 2% over July in both Estonia and the Netherlands.

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According to ONS data released on August 17, the UK's annual inflation rate touched 10.1% in July, the highest level in four decades.

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According to the UK's national statistics agency, the greatest substantial spike in inflation since 1982 occurred in June and July due to rising food prices.

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As a result of increasing prices for both energy and food, inflation in the eurozone is now running at a rate that is higher than April's 7.4% reading.

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The preliminary estimate from the 31st of August is the highest one seen for the Eurozone ever since records began being maintained in 1997.

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Credit: Freepik