What caused inflation in Europe?
This was largely caused by the sudden influx of gold and silver from the New World into Habsburg Spain. The silver spread throughout a previously cash-starved Europe and caused widespread inflation.
What countries have high inflation?
#5 South Sudan (36.4%)Argentina (46.90%)Sudan (71.40%)Zimbabwe (676%)Venezuela (9586%)
Is Europe experiencing inflation?
Within Europe, some countries like Germany experienced above-average inflation, while in France and Spain, for example, it remained below the European Union figure. Inflation is worked out by measuring the price increase of a number of household goods including bread, milk, fresh vegetables, rice, cereal and pasta.
What is the inflation rate in Europe?
European Union inflation rate for 2020 was 0.51%, a 1.13% decline from 2019. European Union …