{"id":427219,"date":"2022-08-31T22:14:07","date_gmt":"2022-08-31T16:44:07","guid":{"rendered":"https:\/\/www.www.bullfrag.com\/eurozone-hits-record-9-1-inflation-amid-gas-and-power-crisis\/"},"modified":"2022-08-31T22:14:07","modified_gmt":"2022-08-31T16:44:07","slug":"eurozone-hits-record-9-1-inflation-amid-gas-and-power-crisis","status":"publish","type":"post","link":"https:\/\/www.bullfrag.com\/eurozone-hits-record-9-1-inflation-amid-gas-and-power-crisis\/","title":{"rendered":"Eurozone hits record 9.1% inflation amid gas and power crisis"},"content":{"rendered":"
The month of August marks the ninth consecutive month of rising inflation in the eurozone, with 9.1%<\/strong>. In July, the official inflation figures were 8.9%. The eurozone is made up of 19 countries, including Germany, France and Belgium.<\/p>\n This comes at a time when the European Union (EU) is facing a huge gas and energy crisis, largely as a result of the ongoing conflict in Ukraine. The current prices of basic necessities such as food, gas and electricity have skyrocketed across the continent.<\/p>\n