Euro zone economy grows 0.7% in the second quarter despite gas crisis and inflation surge
29 Articles
29 Articles
Inflation hits record 8.9% in eurozone, but economy grows
Inflation in the European countries using the euro currency shot up to another record in July, pushed by higher energy prices fueled by Russia's war in Ukraine, but the economy managed better-than-expected, if meager, growth in the second quarter. Annual inflation in the eurozone’s 19 coun...
Fri. 9:10 a.m.: Inflation hits record 8.9 percent in euro area, but economy grows
LONDON (AP) — Inflation in the European countries using the euro currency shot up to another record in July, pushed by higher energy prices fueled by Russia’s war in Ukraine, but the economy still managed better-than-expected, if meager, growth in the second quarter.Annual inflation in the eurozone’s 19 countries rose to 8.9 percent in July, an increase from 8.6 percent in June, according to numbers published today by the European Union statisti…
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