Inflation
EU raises inflation forecasts on supply disruptions, energy crisis
The European Commission on Thursday raised its inflation expectations for this year, but is still expecting prices to move below the European Central Bank’s target...
Romania’s central bank raises its monetary policy rate to 2.50%
Romania's central bank (BNR) announced on Wednesday that it will increase its monetary policy rate to 2.50% from 2.00% as of February 10, its...
Eurozone inflation accelerates to new record of 5.1%
Eurozone inflation accelerated to a record of 5.1% in January, defying expectations of a slowdown and adding to the European Central Bank’s headache ahead of...
Trust ECB to stabilise inflation, Lagarde tells citizens
Eurozone citizens worried about rising prices can trust the European Central Bank (ECB) to stabilise inflation, ECB President Christine Lagarde said on Tuesday, according...
Eurozone inflation hits 5%, marking another record high
Eurostat, the statistical office of the European Union announced that the eurozone inflation accelerated unexpectedly in December, hitting a new record of 5% from...
ECB heads into pivotal policy meeting with inflation and Omicron infections rising
With inflation surging and the Omicron Covid variant expected to spread through the region, the European Central Bank (ECB) has the unenviable task of presenting its...
Romania’s annual inflation rate decreased to 7.8% in November
Romania's National Institute for Statistics (INS) announced on Monday that the country's annual inflation rate dropped to 7.8% in November 2021, from 7.9% in...
Inflation across eurozone hits a record high of 4.9%
The European Union’s statistics agency, Eurostat announced on Tuesday that the eurozone's inflation rate has risen to a record high in November to 4.9%, prompting...
Eurozone October inflation confirmed at 4.1% y/y on energy spike
Eurozone inflation surged to more than twice the European Central Bank's target in October, the European Union's statistics office Eurostat confirmed on Wednesday, with...
Romania’s annual inflation rate increased to 7.9% in October
Romania's National Institute of Statistics (INS) announced on Wednesday that the annual inflation rate rose to 7.9% in October 2021 from 6.3% in September,...