The Guardian Australia – Business
·business
·4 hours ago
Eurozone inflation soars to 3% as Iran war drives up energy prices
Eurozone inflation surged to 3% in April as the Iran war drove energy prices sharply higher, data showed Thursday. Consumer prices rose from 2.6% in March, pushing inflation further above the European Central Bank's 2% target ahead of its rate decision. Energy costs jumped 10.9% year-on-year while eurozone growth slowed to 0.1% in the first quarter.
Summary by Glance · The Guardian Australia – Business
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