Inflation drops sharply in Europe
newscatcher
2023-09-29 11:31
Inflation drops sharply in Europe
People walking the main shopping street in Dortmund, Germany, on Sept. 28, 2023. (AP Photo/Martin Meissner, File) FRANKFURT, Germany  — Inflation that has been plaguing Europeans declined sharply in September, strengthening hopes that consumers will eventually get relief from costlier groceries, vacations and haircuts — and that the European Central Bank won't have to further restrict the economy by raising interest rates from already-record highs. The annual rate was 4.3 percent this month, a drop from 5.

https://business.inquirer.net/423788/inflation-drops-sharply-in-europe

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