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Published 2 years ago

Euro zone inflation hits another record of 9.1% as food and energy prices soar

Summary by Ground News
Inflation in 19 European countries using the euro currency rises to another record, hitting 9.1% in August. Inflation hits 9.2% in Germany, 9.4% in France and 9.3% in Italy. In the Netherlands, inflation hit 9.5% in July and 9% in June. Energy costs remained the driver of prices but food inflation also rose into double digit territory. Non-energy industrial goods, a particular focus for the ECB, showed a 5% price surge.

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