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+--- Thread: Cost of living in Europe smashes all-time high (/Thread-Cost-of-living-in-Europe-smashes-all-time-high)
Cost of living in Europe smashes all-time high - Levin - 07-02-2022
2 Feb, 2022 14:28
EU forced to admit that price hikes are not as temporary and benign as previously said
Inflation across the Eurozone surged to 5.1% in January from 5% in the previous month, despite optimistic expectations for a sharp drop to 4.4%, data from Eurostat showed on Wednesday. Inflation is now more than twice the ECB’s 2% target.
The latest growth reportedly reflects the hottest rate of inflation across the 19 countries that have shared the euro since the records began.
https://www.rt.com/business/548086-eurozone-inflation-record-high/