Record inflation emerged in the euro area in December
According to preliminary data, a record high annual consumer price index occured in the euro area in December, according to a quarterly report from Eurostat, the European Union’s statistical office.
Eurozone inflation hits record
In December, the consumer price index rose to 5.0 percent on an annual basis in the euro area after 4.9 percent in November. Compared to the previous month, consumer prices increased by 0.4 percent in December. (MTI)
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