Eurozone Inflation Hits Multiyear Highs in Key Economies
Inflation in Germany, France and Italy has risen to multiyear highs this month, driven by persistent energy price pressures. Consumer prices increased by 3.3% in Germany, 3.4% in France, and 4.1% in Italy.
1% in Italy this month, reaching multiyear highs across the bloc's largest economies. The increases reflect persistent energy-price pressure and may keep the European Central Bank under pressure to raise its key interest rate again next month.