FILE - A light installation is projected onto the building of the European Central Bank during a rehearsal in Frankfurt, Germany, Dec. 30, 2021. Inflation hit a new record in the 19 countries that use the euro currency, fueled by out-of-control prices for natural gas and electricity due to the war in Ukraine, the European Union statistics agency Eurostat reported Monday, Oct. 31, 2022. (AP Photo/Michael Probst, File)
October 31, 2022
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October 31, 2022 8 a.m.
Inflation hits new record in Europe, slowing economy
The economy grew 0.2% in the July-September period, and many economists say a recession can't be far behind.