Watch Euro Zone Inflation Hits New Record Bloomberg The central bank also sharply raised its eurozone inflation forecast to 2.6 per cent for 2021 and 3.2 per cent for 2022, while predicting it would drop back below its 2 per cent target next year. Roula khalaf, editor of the ft, selects her favourite stories in this weekly newsletter. eurozone inflation surged to a record high of 10.7 per cent in october, keeping the pressure on the.
Euro Zone Inflation Hits New Record High Youtube Consumer prices in the 19 countries that use the euro as their currency rose at a record annual rate of 10.7 percent in october, the european commission reported on monday. in september, the rate. Accessibility help skip to content. eurozone inflation soared to a record of 8.1 per cent in the year to may, piling pressure on the european central bank to speed up the pace of its exit from. Euro zone inflation zoomed past forecasts to hit 10.0% in september, a new record high that will reinforce expectations for another jumbo interest rate hike next month from the european central bank. Euro zone inflation rose above the 10% level in the month of october, highlighting the severity of the cost of living crisis in the region and adding more pressure on the european central bank.
Inflation In Eurozone Hits New Record High Business News Euro zone inflation zoomed past forecasts to hit 10.0% in september, a new record high that will reinforce expectations for another jumbo interest rate hike next month from the european central bank. Euro zone inflation rose above the 10% level in the month of october, highlighting the severity of the cost of living crisis in the region and adding more pressure on the european central bank. Energy prices, which rose at an annual rate of 40.8 percent in the eurozone in september, were the main contributor to the accelerating inflation, driven higher by the invasion of ukraine by russia. Eurozone inflation hits a record, further pressuring ecb. a jump in food prices adds to the challenges facing the european central bank as it says rate rises likely won’t be needed to tame.
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