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Eurozone Inflation a 'Grave Concern,' Hits Record 10%

Por: Time World September 30, 2022

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FRANKFURT, Germany — Inflation in the European countries using the euro currency has broken into double digits as , signaling a looming winter recession for one of the globe’s major economies as higher prices undermine consumers’ spending power. Consumer prices in the 19-country eurozone rose a record 10% in September from a year earlier, up from an annual , EU statistics agency Eurostat reported Friday. Only a year ago, inflation was as... + full article



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