Quote:
Originally Posted by opendoor
I'm not sure what you mean. The UK's inflation rate is 9.1% and the EU overall is at 8.6% which is right in line with the US (9.1%) and Canada (haven't released June's data yet, but likely a bit over 8%).
And energy prices haven't climbed more sharply in Europe. For June, energy was up by 41.9% YoY in the EU, whereas in the US it was up by 41.6%.
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Nat gas is up 5x in Europe, vs. near 2x in North America.