Euro Zone Inflation Record high 2022

Euro Zone inflation zoomed past forecast tohit 10% in september

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Price growth in the 19 Countries sharing the Euro accelerated from August 9.1%

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Inflation was still driven mainly by volatile energy and food price.

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That is likely to make uncomfortable reading for ECS.

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That inflation is increasingly being fuelled by excess demand and is at risk of becoming entrenched.

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Excluding food and fuel prices, inflation jumped to 6.1% to 5.1%

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Energy prices were meanwhile up 41% compared to year ago. Unprocessed food was up 13%.

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