Eurozone inflation rose to record high of 8.6% in June

Summary by Ground News

Euro zone inflation reached a new record high in June just ahead of the European Central Bank’s first rate increase in 11 years. Fuel prices rose by 41.9% in June while food costs increased by 11.1%. Russia's attack on Ukraine has fueled a climb in energy prices and they were the main driver of the on-year increase.

1 month ago

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Reuters

Another inflation record firms case for bigger ECB rate hikes

Euro zone inflation hit yet another record high in June as price pressures broadened, and its peak could still be months away, firming the case for rapid European Central Bank rate hikes starting this month.

1 month ago·United Kingdom

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The Guardian

Inflation in eurozone hits record 8.6% as Ukraine war continues

ECB plans first interest rate rise in 11 years as food prices increase and Putin’s invasion drives up energy costs

1 month ago·London, United Kingdom

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The Independent

Inflation in 19 countries using euro hits record 8.6%

Inflation in the 19 countries that use the euro currency hit a record 8.6% in June, pushed higher by a steeper strong increase in energy costs fueled partly by Russia’s war in Ukraine

1 month ago·London, United Kingdom

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Washington Times

Inflation hits record 8.6% for 19 countries using the euro

Inflation in countries using the euro set another eye-watering record, pushed higher by a huge increase in energy costs fueled partly by Russia’s war in Ukraine.

1 month ago·Washington, United States

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abc News

Inflation in 19 countries using euro hits record 8.6%

Inflation in the 19 countries that use the euro currency hit a record 8.6% in June, pushed higher by a steeper strong increase in energy costs fueled partly by Russia’s war in Ukraine

1 month ago·United States

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Associated Press News

Inflation hits record 8.6% for 19 countries using the euro

LONDON (AP) — Inflation in countries using the euro set another eye-watering record, pushed higher by a huge increase in energy costs fueled partly by Russia’s war in Ukraine .

1 month ago·United States

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