Economics
Euro-Zone Inflation Is Diverging by an Unprecedented Amount
The Port of Barcelona in Barcelona, Spain.
Photographer: Angel Garcia/BloombergThis article is for subscribers only.
Euro-zone inflation is breaking record after record, but the gap between the highest and lowest rates among the currency bloc’s 19 members has also jumped to its widest ever.
The scale ranges from Malta -- where consumer prices advanced 5.6% last month, to Estonia -- where inflation hit 20.1%. That’s a difference of more than 14 percentage points, more than at any time since the dawn of the euro in 1999.