Eurozone

Producer Prices Soar to Record Highs in Eurozone as Stagflation Looms

Producer Prices Soar to Record Highs in Eurozone as Stagflation Looms

Producer price inflation in the eurozone has soared to a record high in the year through March, according to a new report. The European Union’s statistical agency is reporting that consumers should expect prices to continue rising as inflation bites. The news delivers a fresh sign that inflationary pressures continue…
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