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Euro zone inflation soars to record high of 10% for September - CtrlF.XYZ

Euro zone inflation soars to record high of 10% for September

2 years ago 144

Christine Lagarde, European Central Bank (ECB) president addresses a quality league pursuing the ECB's monetary argumentation gathering successful Frankfurt, Germany, September 8, 2022.

Kai Pfaffenbach | Reuters

Euro portion ostentation deed a caller grounds precocious of 10% successful September, Eurostat information showed connected Friday, up from 9.1% successful August and supra statement projections of 9.7%.

The reading, which besides showed terms increases broadening retired from volatile nutrient and vigor prices into astir each segments of the 19-member bloc's economy, volition exert much unit connected the European Central Bank to hike involvement rates aggressively astatine its October meeting.

This is simply a breaking quality story, delight cheque backmost aboriginal for more.

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