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Inflation

Euro area inflation climbs faster than expected to 13-year high

Inflation in the euro area accelerated more than expected to the highest level in 13 years, adding fuel to a debate over how long...

French inflation hits highest level in almost three years

The inflation in France rose to its highest level since late 2018 as food and energy costs accelerated and manufactured goods prices rebounded with...

INS: Annual inflation rate increased to 5% in July 2021

Romania's National Institute for Statistics (INS) announced on Wednesday the annual inflation rate for July 2021 increased to 5% from 3.9% in June, given...

Romania’s central bank ramps up 2021/2022 inflation forecasts

Romania’s central bank on Monday lifted its annual inflation target considerably higher for this year and Governor Mugur Isarescu said a tightening cycle has...

ECB promises even longer support for euro zone economy

The European Central Bank (ECB) unveiled new policy guidance on Thursday that hints at even longer support for the bloc's struggling economy, in line...

European Central Bank sets its inflation target at 2% in new policy review

The Governing Council of the European Central Bank (ECB) published on Thursday its new monetary policy strategy that adopts the symmetric 2% inflation target...

EU Commission revises upward estimates for euro zone growth, inflation

The European Commission announced on Wednesday the activity in the European economy in the first quarter of 2021 exceeded expectations and the improved health...

European markets inch higher to start the new trading week

European stocks were cautiously higher on Monday morning as global investors weighed concerns over a rise in inflation and the increase in COVID-19 cases...

IMF lifts Romania’s 2021 GDP growth forecast to 6%

The International Monetary Fund (IMF) said on Tuesday, that Romania's economy will grow by 6% in 2021, increasing its forecast for a 4.6% growth...