Inflation in Europe towards a record... and continuous pressure on the Central Bank

26 September, 2022
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Inflation in Europe towards a record... and continuous pressure on the Central Bank

Experts have predicted that inflation rates in the euro zone may reach a record high in the coming days, which poses a major challenge to the European Central Bank.


Inflation rates reached a new record at the end of last month, as it reached just under 10%, which kept a state of constant pressure on the European Central Bank, which is working hard to raise interest rates strongly.


“A new rise in prices for consumer goods, and the average of these expectations was about 9.7%, with expectations of 4 results consisting of two numbers, that is, higher than 10%,” most experts in the economic field expected, according to Bloomberg Agency, which conducted a survey of a number of from the experts.

Data for the 19-country eurozone is scheduled to be released next Friday, after reports from the region's 3 largest economies, and an assessment of the state of the business situation in the European bloc.


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