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Eurozone inflation reaches record 8.1% in May | DW News

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Inflation in the 19 countries of the eurozone soared to 8.1% in May from 7.4% in April. Prices have risen sharply in the past year, initially because of supply chain problems after the COVID pandemic but subsequently because of Russia's invasion of Ukraine.

Germany's inflation rate reached 7.9% in May, according to data published on Monday by the German statistical agency Destatis.

Inflation in the eurozone — home to some 343 million people — is now at its highest since records for the currency began in 1997.

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