01-11-2022, 09:14 AM
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]](https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iN2OtRT5gnTQ/v2/pidjEfPlU1QWZop3vfGKsrX.ke8XuWirGYh1PKgEw44kE/620x-1.png)
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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]](https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iN2OtRT5gnTQ/v2/pidjEfPlU1QWZop3vfGKsrX.ke8XuWirGYh1PKgEw44kE/620x-1.png)
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