Inflation in Europe records the highest level in its history

Inflation in Europe records the highest level in its history

According to final estimates released by the European Statistics Department “Eurostat,” annual inflation in 19 euro-area nations increased in September to 9. 9%.
As a result, after being 9. 1% in August of last year, the inflation index increased to 9. 9% last month.
Initial statistics suggested that last month’s inflation increased quickly to a level of 10%, while the final reading showed a value of 9.9%.

The inflation index in the euro area has once more recorded historical levels, despite the fact that the final reading was lower than the original reading.
From Novosti.

Europe experiences its highest level of inflation ever.

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Economics