3 Questions
What has been the most significant impact of the Eurozone's high inflation rate?
Increased financing costs
How has Alma responded to the increased inflation?
Adapted its acceptance policy
What is the highest inflation rate ever recorded in the Eurozone?
8.6%
Study Notes
- Inflation in the Eurozone reached 8.6% in June 2022, its highest level ever recorded.
- This has had a significant impact on our financing costs, which have increased significantly.
- On the consumer side, consumers are forced to cut back on their spending due to the increased inflation.
- Alma is struggling to cope with the increased inflation, and has adapted its acceptance policy to reflect this new macro-economic context.
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