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Inflation Hits Record 8.9% In Countries Using The Euro

Inflation Hits Record 8.9% In Countries Using The Euro

Assessment

Interactive Video

Social Studies, Business

University

Hard

Created by

Wayground Content

FREE Resource

The transcript discusses the rise in inflation to 8.9% due to higher energy prices influenced by the war in Ukraine. Despite these challenges, the euro area economy grew by 0.7% from April to July. However, many economists predict that the eurozone may enter a recession next year.

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3 mins • 1 pt

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