Eurozone growth rises as inflation hits fresh high

A surge in tourism as countries relaxed coronavirus restrictions has boosted growth in the eurozone and softened the impact of record-high inflation in the second quarter.

The region’s gross domestic product grew by 0.7 per cent in the second quarter, far stronger than the 0.1 per cent expansion forecast by economists. However, inflation was also up by more than expected, hitting a fresh high of 8.9 per cent in the year to July, up…