Eurozone inflation hits 10% as power providers scramble for reserves

The euro zone’s annual inflation rate hit double digits in September as uncertainty about the currency zone’s ability to weather the winter without power cuts continued to keep energy prices low. raised.

The acceleration in the pace of consumer price inflation should prompt the European Central Bank to raise its key rate again next month and lead to further declines in household purchasing power which threaten to push the zone’s economy monetary contraction.


Wj

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