{"id":526284,"date":"2022-10-01T09:31:24","date_gmt":"2022-10-01T04:01:24","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=526284"},"modified":"2022-10-01T09:47:01","modified_gmt":"2022-10-01T04:17:01","slug":"inflation-hits-10-in-19-eu-nations-using-euro-electricity-prices-up","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/inflation-hits-10-in-19-eu-nations-using-euro-electricity-prices-up\/","title":{"rendered":"Inflation hits 10% in 19 EU nations using euro, electricity prices up"},"content":{"rendered":"<p>Inflation in the European countries using the euro currency has broken into double digits as prices for electricity and natural gas soar, signalling a looming winter recession for one of the globe&#8217;s major economies as higher prices undermine consumers&#8217; spending power.<\/p>\n<p>Consumer prices in the 19-country eurozone hit a record 10 per cent in September, up from 9.1 per cent in August, EU statistics agency Eurostat reported on Friday.<\/p>\n<p>Only a year ago inflation was as low as 3.4 per cent.<\/p>\n<p>Price increases are at their highest level since record-keeping for the euro started in 1997.<\/p>\n<p>Energy prices were the main culprit, rising 40.8 per cent over a year ago. Food, alcohol and tobacco jumped 11.8 per cent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Inflation in the European countries using the euro currency has broken into double digits as prices for electricity and natural gas soar, signalling a looming winter recession for one of the globe&#8217;s major economies as higher prices undermine consumers&#8217; spending power. Consumer prices in the 19-country eurozone hit a record 10 per cent in September, up from 9.1 per cent in August, EU statistics agency Eurostat reported on Friday. Only a year ago inflation was as low as 3.4 per cent. Price increases are at their highest level since record-keeping for the euro started in 1997. Energy prices were the [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-526284","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/526284","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=526284"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/526284\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=526284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=526284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=526284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}