Inflation hits record high of 7.4% in Eurozone amid Russia-Ukraine war
Shortpedia
Content Team
Image Credit: courthouse news
Inflation hit a new record for the 19 countries that use the euro as skyrocketing fuel prices boosted by the war in Ukraine add new burdens to household finances and weigh on a slowing economic recovery from the latest outbreaks of COVID-19. Annual inflation hit 7.5% for April, the highest since statistics started in 1997 and the sixth record in a row, topping the old record of 7.4% from March.
