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European inflation soars to a record 7.5% on fuel, food costs

European inflation soars to a record 7.5% on fuel, food costs.

Eurostat reports eurozone inflation surged to 7.5% in March, the highest since 1997, as rising energy prices and the Ukraine war squeeze consumer spending. This marks the fifth consecutive month of record-breaking inflation, reflecting global economic challenges and increasing cost of living pressures.
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