Euro-Zone Inflation Soars to New Record as Economy Fades - Printable Version

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Euro-Zone Inflation Soars to New Record as Economy Fades - cityhantam - 01-11-2022

https://www.bloomberg.com/news/articles/2022-10-31/euro-zone-inflation-soars-to-new-record-as-economic-growth-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.


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RE: Euro-Zone Inflation Soars to New Record as Economy Fades - sgbuffett - 01-11-2022

When economy fades the imflation will stop

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RE: Euro-Zone Inflation Soars to New Record as Economy Fades - cityhantam - 01-11-2022

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

So simple ah? 

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
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RE: Euro-Zone Inflation Soars to New Record as Economy Fades - LupCheong - 01-11-2022

Thank you for sharing the news article

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RE: Euro-Zone Inflation Soars to New Record as Economy Fades - cityhantam - 01-11-2022

While Turkey huat big big?

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RE: Euro-Zone Inflation Soars to New Record as Economy Fades - webinarian - 01-11-2022

(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.

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