Euro Zone Inflation Record high 2022

Euro Zone inflation zoomed past forecast tohit 10% in september

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

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

That is likely to make uncomfortable reading for ECS.

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

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

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