This month's consumer price index in 19 eurozone countries, including Germany and France, rose 7.5%, setting a new record high.
Inflation is accelerating due to soaring energy prices against the backdrop of Russia's invasion of Ukraine.
This month's Eurozone consumer price index, released by the EU-European Union on the 29th, rose 7.5% compared to the same month of the previous year, setting the highest growth rate since 1997, dating back to statistics. bottom.
Inflation accelerated further as energy prices rose sharply to 38.0% against the backdrop of Russia's invasion of Ukraine.
By country, Spain has 8.3%, Germany has 7.8%, and France has 5.4%.
With record inflation continuing in the euro area and widespread impact on households and business activities, European central bank governor Christine Lagarde has indicated that it is likely to raise rates later this year.
As inflationary pressures intensify, the Fed's Federal Reserve Board is considering doubling the usual rate hike by 0.5% at next week's meeting, and the movement toward monetary tightening by central banks around the world is intensifying. The difference in policy direction with the Bank of Japan, which continues to carry out large-scale monetary easing, has led to a rapid depreciation of the yen in the foreign exchange market.