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Record inflation: Which countries in Europe are being worst hit as energy and food prices soar?

Eurozone inflation is continuing to soar to record highs, with the latest estimate from the EU's statistics body predicting an annual eurozone inflation of 9.1 per cent.

The August estimate sees prices for food, alcohol and tobacco, non-energy industrial goods, and services all up on the numbers in July when annual eurozone inflation was forecasted at 8.9 per cent.

The August estimate from Eurostat has energy inflation at 38.3 per cent, compared with 39.6 per cent in July.

Estonia and the Netherlands, in particular, have seen inflation rise significantly in August, both up 2 per cent on the previous month's figures respectively.

Elsewhere, the UK’s inflation rate has surged to a 40-year-high of 10.1 per cent in July, the Organisaton of National Statistics (ONS) reported on August 17.

Rising food prices made the largest upward contribution to annual inflation rates between June and July, the UK's national statistics body said amid the highest inflation hike since 1982.

The eurozone's inflation is up from 7.4 per cent in April, as Europeans continue to see soaring energy and food prices fuelled in part by Russia’s war in Ukraine.

The preliminary estimate published on August 31, is the highest since recordkeeping for the eurozone began in 1997.

Every corner of the continent is facing rising prices, with Europe's expected economic bounceback from the coronavirus pandemic being hampered by a number of factors.

Russia is facing inflation of 15.1 per cent for the month of July, down from 17.1 per cent in May.

Here is a look at the inflation rate in each country in Europe:

Following in the footsteps of its counterparts in other parts of the world, the European Central Bank raised interest rates for the first time in 11 years by a

Read more on euronews.com