Eurozone inflation hits historic high ...News

Russia Today - Economy
Eurozone inflation hits historic high
source : Russia Today ( News ) () 18
Spiking energy prices are the major driver, data shows Consumer prices in the 19 countries that use the euro currency rose by an annual rate of 7.5% in March, according to data released on Friday by the European Union statistics agency. Spiking energy costs are the main factor driving inflation higher, Eurostat said. It’s the fifth straight month that inflation in the eurozone has set a record, bringing it to the highest level since recordkeeping for the euro began in 1997. The latest reading smashed the 5.9% high set in February. Consumer prices have been surging around the world lately, making it more difficult

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