Euro zone inflation surges to record high
Euro zone inflation soared by 10.7% from a year ago during the month of October as the 19-member bloc grapples with higher food and energy prices accentuated by Russia’s invasion of Ukraine.
This represents the highest monthly reading ever since the euro zone’s formation.
The data comes after countries individually reported flash estimates last week. In Italy, headline inflation came at 12.8% over the…
