Bloomberg Greek inflation soared beyond 10% for the first time since 1995 as Russia’s war in Ukraine heightened already spiking energy costs. A national gauge of consumer prices jumped 10.2% from a year ago in April, the highest since February 1995, driven by electricity and fuel, as well as goods including vegetables and transport, the Hellenic Statistical Authority said. ...

  Bloomberg Norway’s inflation accelerated more than expected last month to a new 13-year high, raising pressure on the central bank to speed up its interest rate-hike plan to more than one increase per quarter. Consumer prices rise 5.4% from a year earlier, the fastest pace since October 2008, according to data from Statistics Norway. Economists surveyed by Bloomberg expected ...

  Bloomberg Ukraine’s economy will plunge by almost a third in 2022, more than previously expected, in a scenario in which the war ends this year, the European Bank for Reconstruction and Development said. The forecasts assume that a cease-fire will be negotiated this year and reconstruction of the country can begin in 2023. , with the economy projected to ...