EU inflation smashes historic high ...News

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EU inflation smashes historic high
Surging food and energy costs have continued to drive prices higher across the bloc, data shows Price growth in the EU surged to 10.9% year-on-year in September, marking a new record high across the 27-member bloc, the EU's statistics office Eurostat reported on Wednesday. The latest figures show prices having risen from the 10.1% growth recorded in August, the fifth straight month of growth. A year earlier, the rate stood at 3.6%. Meanwhile, annual inflation rate in the Eurozone, a subset of the EU comprising 19 members that use the euro as their currency, increased to 9.9% in September, a jump from August’s 9.1%

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