According to the European Union’s statistics office Eurostat on Wednesday, Euro area annual inflation is up to 9.9% in September, up from 9.1% in August. The inflation rate in September tapped a 40-year high, and investors suspect that the eurozone is “at risk of a financial meltdown.”
The impact of supply factors in Europe is particularly strong.
What do you think about the eurozone’s red-hot inflation rising in September? Let us know your thoughts on this subject in the comments section below.
