Europe’s Inflation Slows Again but Cost of Living Still High

Europe’s Inflation Slows Again but Cost of Living Still High
A woman walks with purchases past a store in Berlin, Germany, on April 1, 2022. Pavel Golovkin/AP Photo
The Associated Press
Updated:

LONDON—Europe ended a bad year for inflation with some relief as price gains eased again. While the cost of living is still painfully high, the slowdown is a sign that the worst might be over for weary consumers.

The consumer price index for the 19 countries that used the euro currency rose 9.2 percent in December from a year earlier, the slowest pace since August, the European Union statistics agency Eurostat said Friday. Croatia joined the eurozone on Jan. 1.