Inflation in the Eurozone has plummeted to its lowest point in over a year, aided by a decrease in energy prices. The primary rate for May dropped to 6.1%, a
Inflation in the Eurozone has plummeted to its lowest point in over a year, aided by a decrease in energy prices. The primary rate for May dropped to 6.1%, a
Christine Lagarde, President of the European Central Bank (ECB), has indicated that eurozone interest rates may need to reach a new record as the region continues to grapple with persistent
According to recent data, the German economy contracted more than expected in the final quarter of 2022, shrinking by 0.4 per cent compared to the previous three months, and raising
As the European Union focuses on renewable energy sources to replace Russia’s energy supply, the amount of electricity generated from fossil fuels is expected to plummet.
Experts warn that Germany is in recession after unexpectedly falling at the end of last year, according to official data.
Hussain Mehdi at HSBC Asset Management warns that the worst is yet ahead, with inflation expected to reach double digits for the first time since 1980.
The 80s are back in fashion. Top Gun has returned to the cinemas, Kate Bush is number one and inflation is at an all-time high since 1982. Global food security
The eurozone’s inflation has risen to its highest point since 1999, when the single currency was launched. This puts more pressure on the European Central Bank for action ahead of
The Eurozone’s inflation reached a 13-year high in October, creating more problems for the European Central Bank.
Last week, UK GDP beat expectations while Eurozone GDP fell. Chinese Inflation grew while US inflation remained steady. New Zealand kept interest rates on hold, US retail sales remained steady,
Last week, the Bank of Japan, Bank of Canada and European Central Bank all left interest rates unaltered.