Mmastodon WorldEU Politics first seen 11 h ago, last 11 h ago, peak #6
Eurozone Inflation Hits Three-Year High at 3.8%
Original: ⚡ NEWS Eurozone Inflation Hits Three-Year High Eurozone consumer prices rose 3.8% year-on-year in September, marking a t
Eurozone consumer prices rose 3.8% year-on-year in September, the highest rate in three years and up from 3.2% in August. The increase is driven mainly by a sharper rise in energy costs, raising fresh concern about renewed inflationary pressure across the currency bloc and putting the spotlight back on the European Central Bank's policy response.
Why now: Renewed inflation driven by energy prices is raising questions about ECB policy and the cost of living.
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