Inflation in Europe is breaking records

In the Eurozone, industrial and consumer inflation jumped sharply. consumer inflation. In annual terms, the first indicator reached 7.6%, the highest in 13 years, the second was 2%, setting a record for the last two and a half years. Energy prices rose most significantly, contributing to the most significant increase in the price of energy. Other factors, that led to the jump in inflation were a shortage of raw materials and problems in the trucking industry. However, the European Central Bank, according to has said it does not yet intend to reduce its financial support However, the European Central Bank, in a statement, is not yet going to reduce its financial support to the economy, because the surge in prices of goods and services, in its view, is It believes that the surge in prices of goods and services is only temporary. Nevertheless, investors are wary of a tightening of monetary policy in the region, helped by recent economic statistics - in particular, the PMI in the manufacturing and services in May set a three-year record, rising to 57.1 points. Now, according to Bloomberg, derivatives prices take into account the likelihood of an ECB rate hike by the fall of 202