Inflation in the European countries using the euro currency shot up to another record in July, pushed by higher energy prices driven partly by Russia’s war in Ukraine , but the economy still managed some meager growth. Annual inflation in the eurozone’s 19 countries rose to 8.9% in July, an increase from 8.6% in June, according to the latest numbers published Friday by the European Union statistics agency. Inflation has been running at its highest level since 1997, when record-keeping for the euro began. Energy prices surged by 39.7%, slightly lower than the previous month, while prices for food, alcohol and tobacco rose by 9.8%, faster than the increase posted last month. The eurozone’s economy, meanwhile, grew from April through June, expanding by 0.7% compared with the previous quarter and up 4% over the same period in 2021. That contrasts with the United States, whose the […]