Business & Economy

Europe suffers from inflation

Inflation in the Eurozone is at its highest level in 10 years.
According to Reuters, this rise is expected to continue, and this increase will not be temporary.
The European Statistics Office said that food prices increased, after unexpected increases in the prices of industrial goods.
In the 19-country eurozone, consumer prices increased by 2.2% over the past month, far from the European Union’s forecast of just 2% inflation.
The European Central Bank is working to solve this dilemma, with its meeting on the ninth of next month.

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