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Eurozone Inflation Touches New Record High in June

Published 07/01/2022, 05:22 PM
© Reuters.
EUR/USD
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By Scott Kanowsky 

Investing.com -- Annual inflation in the eurozone rose to a fresh record high in June, climbing to 8.6%, according to a preliminary estimate from the EU's statistics office on Friday.

The increase, which is also up from the 8.1% May reading of the currency bloc's key consumer price index, was driven in particular by a spike in prices of energy and food.

As of 05:11 AM EST (0911 GMT), EUR/USD was trading down by -0.24% at 1.0457.

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