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The Independent UK
The Independent UK
National
Via AP news wire

Eurozone inflation hits record 8.1% amid rising energy costs

Inflation Euro eurozone Eurostat Russia Ukraine
Manu Fernandez

Inflation in the 19 countries that use the euro currency hit a record 8.1% in May amid surging energy costs prompted in part by Russia's war in Ukraine, authorities said Tuesday.

Annual inflation in the eurozone soared past the previous record of 7.4% reached in March and April, according to the latest data from European Union statistics agency Eurostat.

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