Eurozone maintains growth as inflation surges

By MG News | October 29, 2021 at 02:36 PM GMT+05:00

0:00

October 29, 2021: The Eurozone economy maintained its healthy recovery from the pandemic at 2.2 percent, Eurostat said Friday, but surging inflation on high energy prices clouded future progress.

Year-on-year inflation rocketed to a 13-year high of 4.1 percent in October, more than double the European Central Bank's target, as energy prices jumped 23.5 percent, the agency said.

AFP/APP

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