Euro-Zone Inflation Soars to New Record as Economy Fades
#1

https://www.bloomberg.com/news/articles/...owth-fades

Euro-Zone Inflation Soars to New Record as Economy Fades

Prices jumped by record 10.7% in October as ECB hikes rates

Gross domestic product rose 0.2% in third quarter; est. 0.1%


Euro-area inflation surged to a fresh all-time high, while the bloc’s economy lost momentum -- reinforcing fears that a recession is now all-but unavoidable.

Consumer prices jumped by 10.7% from a year ago in October, far exceeding the 10.3% median estimate in a Bloomberg survey.

[Image: 620x-1.png]
.
.
Reply
#2

When economy fades the imflation will stop

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
Reply
#3

(01-11-2022, 09:19 AM)sgbuffett Wrote:  When economy fades the imflation will stop

So simple ah?  Thinking

Do you mean Sri Lanka's economy has been doing fantastically well?

https://www.bbc.com/news/business-62990385

Sri Lanka: Inflation rate jumps to 70.2% in August
.
.
Reply
#4

Thank you for sharing the news article
[+] 1 user Likes Guest's post
Reply
#5

While Turkey huat big big?

Reply
#6

(01-11-2022, 09:19 AM)sgbuffett Wrote:  When economy fades the imflation will stop

Talking rubbish.

Uprising of people will send the politicians to hell due both to economy fading and inflation on prices.

.
Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)