Inflation jumped after countries emerged from Covid lockdowns and it has soared since Russia invaded Ukraine, with the IMF expecting consumer prices to rise by 8.3 percent globally this year.
Coronavirus, Defence and security, Economy, Energy, Food and agriculture, Health, Migrants, Infographic
Since Russia's invasion of Ukraine, the list of Europe's woes keeps growing as it battles rising food and energy prices and continued disruption caused by the Covid-19 pandemic
In a glassworks in Tschernitz, a stone's throw from the border with Poland, the roar of the furnaces cannot drown out worried whispers about Russian gas supplies to Germany being cut off
President Vladimir Putin has warned "unfriendly" countries, including all EU members, they will be cut off from Russian gas unless they open an account in rubles to pay for deliveries
The impact of surging gas and electricity prices globally threatens the EU's energy market, but the bloc will not react hastily, officials say