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Inflation in the eurozone shoots up in June to the historical maximum of 8.6% and puts pressure on the ECB

The year-on-year inflation rate in the euro zone stood at 8.

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Inflation in the eurozone shoots up in June to the historical maximum of 8.6% and puts pressure on the ECB

The year-on-year inflation rate in the euro zone stood at 8.6% in June, compared to the 8.1% registered in May, which represents the highest increase in prices in the euro region in the entire historical series and more than four times the 2% price stability target of the European Central Bank (ECB).

This follows from the preliminary data published today by the community statistics office, Eurostat, which explains that the unstoppable rise in prices in the euro zone in June responded to the 41.9% year-on-year rise in the price of energy,

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Economía
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