Last month's consumer price index growth in 19 eurozone countries, including Germany and France, hit a record high of 8.6%, further spreading the impact of record inflation on households and business activities.
Last month's Eurozone consumer price index, released by the EU-European Union on July 1, rose 8.6% compared to the same month of the previous year, the highest growth rate since 1997, dating back to statistics. have become.
Against the backdrop of Russia's invasion of Ukraine, energy prices rose sharply to 41.9%, and inflation accelerated in a wide range of items such as food.
By country, Germany had a double-digit growth rate of 8.2%, France at 6.5%, and Spain at 10.0%.
The Eurozone consumer price index has surpassed the European central bank's target of 2% for the 12th consecutive month since July last year, further spreading the impact of record inflation on households and business activities.
The Bank of Europe is expected to raise interest rates by 0.25% at its board meeting on the 21st of this month, indicating that it may raise interest rates further in September.