Eurozone hits 8.1% inflation as energy costs soar


european union worthy christian news(Worthy News) – Eurozone inflation hit a record 8.1% in May as energy and food costs surged partially due to the ongoing conflict between Russia and Ukraine.

The European Union statistics agency posted its latest figures on Tuesday. They exceeded the previous record for inflation in the 19 countries that use the euro, which was 7.4% in March and April. Inflation in the eurozone is hitting its highest ever level since recording began in 1997.

Energy prices have jumped an astounding 39.2% as families across the Atlantic deal with many of the same financial concerns that families in the U.S. have been discussing around the kitchen table. [ Source: Just the News (Read More…) ]

11
people are currently praying.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Latest Worthy News

IDF Airstrike Kills Hezbollah Drone Operative in Southern Lebanon
Rubio to Meet Danish Officials as Trump Presses Greenland Acquisition for U.S. Security
Trump Calls for $1.5 Trillion Pentagon Budget, Says ‘Dream Military’ Needed for Dangerous Times
U.S. Senate Moves to Curb Trump’s Military Authority After Venezuela Operation
Mass Protests Shake Iran After Exiled Crown Prince Calls for Uprising
U.S. House Votes To Extend ACA Subsidies, Heads To Senate
Trump Orders $200 Billion Mortgage Bond Buy To Lower Rates
Vance Addresses Minneapolis Shooting, Questions Leftwing Influence
Ukraine Seeks Clear Security Guarantees As Russia Pounds Power Grid
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News