Inflation in the Eurozone spiked to a record high of 9.1% in August, according to flash figures from Europe’s statistics office, Eurostat, published on Wednesday. The indicator overshot analysts’ expectations of a 9% rate.
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The government wants to prepare for possible disruptions to gas supplies from Russia, Swissinfo reports Switzerland’s Federal Council announced on Wednesday that it wants natural gas use in the country to be cut by 15% from October 2022 to the end of March 2023 compared to the average consumption of the last five years.