Eurozone inflation rises to record 5 percent

by time news

Inflation in the euro area hit a record high at the end of 2021. Consumer prices rose by 5 percent in December compared to the same month last year, according to a second estimate from the statistics office Eurostat. A first survey was confirmed. This puts the inflation rate at its highest level since the introduction of the euro. In the previous month, the inflation rate was 4.9 percent. Also this w…

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