The European Union on Friday hiked its forecasts for inflation in 2022 and 2023 on the back of soaring energy prices fueled by Russia’s war on Ukraine.
Brussels predicted that inflation would hit 8.5 percent this year before falling to 6.1 percent next year, over two points higher than an earlier forecast released in July.
add your comment
Terms of publication : Not to offend the writer, people, sacred things, or attack religions or the divine self, and refrain from racist incitement and insults.