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Inflation in the Eurozone Reaches a 3-Year High

▪️3.8% — inflation in the eurozone in September, up from 3.2% in August and reaching its highest level since September 2023, according to Eurostat

▪️18.8% — the surge in energy prices, which was the main driver of inflation in September

▪️Top 5 eurozone countries with the highest inflation:
🇱🇹6.1% — Lithuania
🇧🇬5.6% — Bulgaria
🇨🇾5.2% — Cyprus
🇱🇺5.2% — Luxembourg
🇬🇷5.1% — Greece

▪️The economies of the 21 eurozone countries are barely staying afloat. The ECB has already raised interest rates twice. Governments, whose budgets were already stretched thin, are struggling to support households and companies amid a global bond sell-off, Bloomberg reports

#EU #Economy #Inflation #FindTruth

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