Inflation hits a new high in the eurozone

Consumer prices continue to rise in the European Union.

The inflation rate in the euro zone broke a new record in September, at 10% over one year, driven by energy prices but also by those of food, Eurostat announced on Friday.

Inflation had reached 9.1% in August for the 19 countries sharing the single European currency.

These figures are the highest recorded by the European statistics office since the start of the publication of the indicator in January 1997.

Low unemployment rate

On the other hand, the unemployment rate in the euro zone remained at its historic low in August, ie 6.6% of the active population as in July, according to Eurostat data published on Friday.

The indicator is at its lowest since the European statistics office began compiling this series in April 1998. Over one year, it fell by 0.9 points thanks to the post-Covid economic recovery.

But the sharp slowdown in growth caused by the war in Ukraine casts a shadow over the outlook for the coming months.

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• Economy

• Eurozone

• Inflation

• Price

• European Union (EU)