Time：04, 19, 2023 10:12

The preliminary statistics released by Eurostat recently showed that the inflation rate in the euro area was 6.9% on an annualized basis in March. Among them, the prices of food, tobacco and alcohol rose by 15.4 percent year-on-year, the prices of non-energy industrial products rose by 6.6 percent, the prices of services rose by 5 percent, and the prices of energy fell by 0.9 percent. In that month, the core inflation rate after excluding energy, food, tobacco and alcohol prices was 5.7%, a record high.

Most emerging economies and some advanced economies in the European region Headline inflation remains at double-digit levels. While energy prices have fallen, household spending has continued to rise rapidly. Camer believes that although the recent performance is acceptable, the European economic growth trend is weakening, and regional countries face the triple challenge of curbing inflation, maintaining economic recovery, and maintaining financial stability.

"People's Daily" (17th edition, April 18, 2023)

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