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By Thomas Duthois • Updated: 26/09/2022
In July, inflation in the eurozone reached an all-time high of 8.9 per cent. That’s four times higher than the same period last year when it was at 2.2 per cent.
All over Europe, the effects of rising inflation are already being felt as food and petrol prices soar.
The COVID-19 pandemic and the war in Ukraine are mostly blamed for the situation, as the resulting disruption of supply chains puts enormous pressure on everyday goods and services.
Nothing the republicans try and do will make much difference.
China is still on lockdowns.
In July, inflation in the eurozone reached an all-time high of 8.9 per cent. That’s four times higher than the same period last year when it was at 2.2 per cent.
All over Europe, the effects of rising inflation are already being felt as food and petrol prices soar.
The COVID-19 pandemic and the war in Ukraine are mostly blamed for the situation, as the resulting disruption of supply chains puts enormous pressure on everyday goods and services.
Inflation explained: Your guide to what it is and how to deal with it
What is inflation, where does it come from and how to handle its fluctuation? Here’s everything you need to know about it.
www.euronews.com
Nothing the republicans try and do will make much difference.
China is still on lockdowns.
Several cities in China add COVID curbs as millions still under lockdown
Several COVID-hit Chinese cities from the country's east to west imposed fresh restrictions and lockdowns on their populations on Thursday to contain flare-ups that are again threatening to disrupt local economies.
www.reuters.com