Inflation hit a new record in the 19 countries that use the euro currency, fueled by out-of-control prices for natural gas and electricity due to Russia’s war in Ukraine. Economic growth also slowed ahead of what economists fear is a looming recession, largely as a result of those higher prices sapping Europeans’ ability to spend. […]
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Inflation in the European countries using the euro currency has broken into double digits as prices for electricity and natural gas soar Inflation in the European countries using the euro currency has broken into double digits as prices for electricity and natural gas soar Inflation in the European countries using the euro currency has broken […]
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Inflation is at the highest levels since record-keeping for the euro began in 1997 Inflation is at the highest levels since record-keeping for the euro began in 1997 Inflation in the European countries using the euro currency hit another record in August, fuelled by soaring energy prices mainly driven by Russia’s war in Ukraine. Annual […]
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“Inflationary pressures were judged to have intensified,” the accounts, released on Thursday, showed “Inflationary pressures were judged to have intensified,” the accounts, released on Thursday, showed European Central Bank policymakers at their meeting last month appeared increasingly concerned that high inflation is getting entrenched and the risk was large enough to warrant a bigger-than-flagged rate […]
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The move underlines concerns about surging consumer prices, which rose by an annual rate of 8.1% in May, the highest since statistics started in 1997. The move underlines concerns about surging consumer prices, which rose by an annual rate of 8.1% in May, the highest since statistics started in 1997. The European Central Bank said […]
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