Inflation hits record of 5% in 19 countries using the euro
The Hindu
The rise was led by a surge in energy prices, according numbers released Friday by the European Union's statistical office.
Consumer prices in the 19 countries that use the euro currency hit a record high of 5% in December compared with a year earlier.
The rise was led by a surge in energy prices, according numbers released Friday by the European Union's statistical office.
Inflation is now at the highest level in the eurozone since record keeping began in 1997 and broke a record set in November.

Insurance penetration and density are often misunderstood and do not reveal how many families are insured or whether they would be financially secure if the main earning member were to die. The real issue is not reach but adequacy, as households may have life insurance but not enough cover to replace lost income, leaving them financially vulnerable.












