Inflation in eurozone soars to 4.9% – highest on record

Reading now: 135

Inflation across the 19-member eurozone soared to 4.9% this month, outstripping City forecasts and putting pressure on the European Central Bank to review its policy of ultra-low interest rates.With some investors reacting to the news by accusing the ECB of allowing inflation to run out of control, the European statistics agency Eurostat said its early flash reading of inflation in November had reached the highest level since relevant records began in 1997.High gas prices and the cost of

The website is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News