Eurozone inflation rises to record high of 7.5%


Brussels, Ta. 30

According to official data, inflation has reached record highs in 12 countries using the euro currency. According to Eurostat, the European Union's statistics agency, the eurozone's annual inflation rose to 7.5 per cent in November. Which is the highest after 12.

The eurozone's annual inflation figures were released before the euro began in the 19th. According to sources, inflation has reached record highs in November due to rising fuel prices. In October, inflation among the 12 countries using the euro currency was 7.1 per cent.

Like the rest of the world, inflation is rising in 12 countries using the euro currency, including France and Germany, due to the recovery from the Corona epidemic and blockage in the supply chain.

In November, the annual prices of alcohol, energy, food and tobacco rose to 2.4 per cent from 5 per cent. The recovery of the global economy has been clouded by uncertainty following the recent emergence of a new variant of the corona virus, Omicron. As a result, the world's central banks are unlikely to make any major changes in monetary policy.

However, according to some experts, the rise in inflation in the last few months will slow down next year as the current year was taken as the Bayesian year and last year the commodity prices fell sharply due to the Corona epidemic.


Comments