Eurozone Inflation Hits Record Amid Slowing GDP Growth

Euro area inflation advanced to a historic high in October, while growth slowed, posing a tough time for the European Central Bank that is trying to balance the risk of recession and the persistently high inflationary pressures. Inflation accelerated to a record 10.7 percent in October from 9.9 percent in the previous month, flash data from Eurostat showed Monday.

from RTT - Top Story https://ift.tt/LmeDGYE
via IFTTT