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The Independent UK
The Independent UK
National
Via AP news wire

Inflation in 19 nations using euro sets record of 5.8%

Copyright 2021 The Associated Press. All rights reserved.

Surging energy costs have driven inflation in Europe to another record high, raising questions about when the central bank should step in to ease the pain to people's wallets while Russia's invasion of Ukraine rattles the global economy.

Consumer prices in the 19 countries that use the euro currency increased by an annual 5.8% in February, the European Union statistics agency, Eurostat, reported Wednesday.

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