Inflation across eurozone hits record high of 4.9% - British Herald
January 25, 2022
Finance

Inflation across eurozone hits record high of 4.9%

BRUSSELS — Official figures show that consumer prices across the 19 countries that use the euro currency are rising at a record rate.

Eurostat, the European Union’s statistics agency, said Tuesday that the eurozone’s annual inflation rate hit 4.9% in November, the highest since records began in 1997.

It was largely as a result of a huge spike in energy costs and up from 4.1% the previous month, which was the previous record high.

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