Inflation rate in Eurozone drops by 10% at end of November

Inflation rate in Eurozone drops by 10% at end of November
Wednesday 30 November 2022 - 21:37

The inflation rate in the eurozone dropped by 10% in November, up slightly from 10.6% recorded in October, said Eurostat on Wednesday, according to AFP.

“This is first decline since June 2021,” added the same source.

Inflation has been recording every month since November 2021 the highest level ever, and the situation has worsened since spring with market turmoil due to the war in Ukraine, according to the same source.

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