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Eurozone Inflation Hits Double-digit For First Time On Record

Eurozone inflation moved into double-digits for the first time on record in September as the single currency bloc struggles to meet energy needs amid an acute shortage, official data revealed on Friday.

Inflation advanced to 10.0 percent in September from 9.1 percent in August, Eurostat reported. The rate exceeded economists' forecast of 9.7 percent.

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by Renju Jaya

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