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IGA(Institute of Global Area Studies)

Area Infromation

Whole

Europe

Economy

Soaring inflation on the EU economy

WriterKIOKO MATHEW

Date22.08.16

Views1686

Prices in the euro zone continue hitting record high for the third m___onth in a row..Across the euro zone, the record annual consumer price increase was driven by soaring energy costs, which hit 39.2% (up from 37.5% in April) and a 7.5% increase in food, alcohol and tobacco prices (up from 6.3%). To understand more about the issues surrounding the EU and central banks response to the issue. Please check the links below