✉news BusinessBanking first seen 3 d ago, last 3 d ago, peak #21
Eurozone inflation hits three-year high of 3.8%
Eurozone inflation has risen to 3.8%, its highest level in three years, according to figures reported by the Financial Times. The sharp climb in consumer prices across the euro area is drawing attention to pressure on households and businesses and to how the European Central Bank may respond to the accelerating cost of living.
Why now: Rising inflation in the eurozone is a major economic concern affecting policy, markets and households across Europe.
Evidence
- Eurozone inflation hits three-year high of 3.8% · Financial Times
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