Economics
Euro-Area Inflation Rate Hits 2% for First Time Since 2018
- Consumer prices bolstered by energy, core rate also rose
- Labor market showed unexpected signs of improvement in April
Photographer: Ina Fassbender/AFP/Getty Images
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Inflation in the euro area climbed to the highest level in more than two years after economies across the region started to lift coronavirus restrictions and rebounding demand aggravated supply bottlenecks.