Salem Radio Network News Wednesday, October 4, 2023

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Europe sees inflation drop to 6.1%, but consumer relief will take months

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Europe is getting a break on inflation. Price increases for the 20 countries that use the euro fell to 6.1% in May. That’s down from 7% in April. But that doesn’t feel like much relief for people going shopping for food and other necessities. That’s because price increases this summer are coming on top of already-high prices from last year caused by the war in Ukraine.

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