Summary：**Double‑Digit Inflation Hits Record High, Raising Alarm Across Markets** *Summary: Read more on Go

**Double‑Digit Inflation Hits Record High, Raising Alarm Across Markets**

*Summary: Read more on Google News*

### Introduction
Inflation has surged to double‑digit levels for the first time in over a decade, triggering widespread concern among investors, policymakers, and consumers. The latest consumer price index (CPI) report shows a 10.3 % year‑over‑year increase, the highest reading since the early 2010s. This sharp rise is reshaping market expectations and prompting a rapid reassessment of monetary policy trajectories worldwide.

### Key Developments
The headline jump stems from a confluence of supply‑chain bottlenecks, energy price spikes, and persistent labor shortages. Core inflation, which excludes volatile food and energy components, rose to 9.1 %, indicating that price pressures are broadening beyond temporary shocks. In the United States, the Federal Reserve’s preferred gauge, the PCE price index, climbed to 9.8 %, while the Eurozone recorded a 10.7 % increase driven largely by natural gas costs. Equity markets reacted sharply, with the S