Eurozone hits 8.1% inflation as energy costs soar

Tuesday, May 31, 2022 | Tag Cloud Tags: , , , , , , , ,

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

The statistics agency posted its latest figures on Tuesday. They exceeded the previous record for inflation in the 19 countries that use the , 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…) ]

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