European stocks drop on record eurozone inflation
Frankfurt, London and Paris stocks dropped as data showed eurozone inflation hit 9.1 percent in August on surging fuel prices, raising pressure on the European Central Bank to tighten its monetary policy.
PREMIUM World
European stock markets slid Wednesday as record-high eurozone inflation fanned fears that more interest rate hikes could herald recession.
By NewVision Reporter
Journalists @NewVision
European stock markets slid Wednesday as record-high eurozone inflation fanned fears that more interest rate hikes could herald recession.
Frankfurt, London and Paris stocks dropped as data showed eurozone inflation hit