Chart: Eurozone inflation rate since the beginning of the euro in 1999

Eurozone inflation is at its highest level since the launch of the euro in 1999
Photo Alliance

The inflation In the euro area again significantly in September. The inflation rate in the euro area rose from 9.1 percent to 9.9 percent. This is the highest inflation rate since the introduction of the euro.

The single currency was first introduced in 1999 as book money and in 2002 as cash. One promise was that the new currency would also be stable. The European Central Bank aims for an inflation rate of 2.0%.

There are currently 19 countries in the Eurozone: Belgium, Germany, Estonia, Finland, France, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovakia, Slovenia, Spain and Cyprus.

This is how inflation has developed in the eurozone since the inception of the common European currency.

Read also

See also  Green NCAP: Top Electronic Vehicle Life Cycle Assessment, SUV Flop

Leave a Reply

Your email address will not be published.