Inflation
ECB likely to stick to big rate hike despite banking turmoil, source says
European Central Bank policymakers are still leaning towards a half-percentage-point rate hike on Thursday, despite turmoil in the banking sector, as they expect inflation...
Europe inflation eases slightly as consumer pain persists
Inflation eased only slightly in the eurozone as the pain from higher costs for food and fuel persists and gives the European Central Bank...
Romania’s central bank lowers 2023 inflation forecast to 7%
Romania's central bank said on Wednesday that it lowered its inflation forecast for 2023 to 7% from 11.2% projected in November, taking into account...
Hungary leads east EU economic slide amid war in Ukraine
Soaring inflation, higher interest rates and supply-chain snarls spurred by the war in Ukraine probably pushed most of the European Union’s biggest eastern economies...
EU foresees economy improving, but inflation still painful
The European Union’s executive branch has raised its economic growth forecast for the year, saying Europe will narrowly avoid a recession and has already...
Eurozone inflation drops to 8.5 percent in January
Eurozone inflation eased to 8.5% in January from 9.2% in December adding to evidence price pressures have peaked, preliminary Eurostat data showed on Wednesday,...
ECB’s Lagarde says China’s Covid reopening will push inflation higher
China’s decision to reopen its economy will increase inflation in Europe as they both compete for more energy, the president of the European Central...
Inflation in Europe slows again, hitting 9.2% in December
Europe ended a bad year for inflation with some relief as price gains eased again, though they still rose a painful 9.2% in December,...
Romania’s consumer price inflation increases to 16.76% y/y in Nov
Romania's consumer prices rose 16.76% y/y in November, compared to an increase of 15.32% in October, the national statistical office, INS said on Tuesday,...
Eurozone inflation eases in November but still remains in double digits
Eurozone inflation eased to 10% in November as fuel and utilities drifted down from painful highs, but it is near the record levels that...