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As Omicron, Supply-Chain Problems Loom, Eurozone Inflation Hits Record

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wsj.com

The eurozone’s annual rate of consumer-price inflation jumped to a record in November, adding to the challenges facing the European Central Bank as the new coronavirus variant, supply-chain disruptions and soaring energy prices complicate its policy decisions for the coming year.The European Union’s statistics agency Tuesday said consumer prices in the currency area were 4.9% higher than in November 2020, by far the fastest annual rise since records began in 1997 and more than double the ECB’s

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