BREAKING NEWS

Inflation

Business

Eurozone economic growth revised down for end of 2016

Eurozone economic growth in the final three months of last year was not as good as initially thought - 0.4% rather than the initial 0.5% estimate.

Eurozone economic growth in the final three months of last year was not as good as initially thought - 0.4% rather than the initial 0.5% estimate.

Business

ECB's Draghi warns against US relaxing bank rules

European Central Bank head Mario Draghi has called the US administration's idea of relaxing bank rules "very worrisome".

European Central Bank head Mario Draghi has called the US administration's idea of relaxing bank rules "very worrisome".

Business

Eurozone factory activity ramps up

There was a strong start to 2017 for factory activity in the eurozone as surveys showed it increased at the fastest rate in nearly six years.

There was a strong start to 2017 for factory activity in the eurozone as surveys showed it increased at the fastest rate in nearly six years.

News

Brexit linked weaker pound boosts UK inflation to 1.6%

Inflation in Britain rose strongly in December as the Brexit vote caused the pound to weaken pushing up the cost of imported raw materials.

Inflation in Britain rose strongly in December as the Brexit vote caused the pound to weaken pushing up the cost of imported raw materials.

Business

New year, new highs

Business Line looks at the great expectations for 2017 with the eurozone economy maybe showing some signs of recovery after years of malaise.

Business Line looks at the great expectations for 2017 with the eurozone economy maybe showing some signs of recovery after years of malaise.

News

Have economists' Brexit forecasts been too negative?

Several economists have admitted they were mistaken to predict the UK economy would immediately suffer after the vote to leave the EU.

Several economists have admitted they were mistaken to predict the UK economy would immediately suffer after the vote to leave the EU.

Business

Eurozone inflation heads up

Eurozone consumer prices rose more than expected in December, up 1.1 percent year-on-year but core inflation rose only slightly.

Eurozone consumer prices rose more than expected in December, up 1.1 percent year-on-year but core inflation rose only slightly.

News

German inflation rises sharply, unemployment falls

Inflation in Germany jumped in December - up 1.7% on the year - due to costlier energy and food while unemployment there fell more than expected.

Inflation in Germany jumped in December - up 1.7% on the year - due to costlier energy and food while unemployment there fell more than expected.

Business

Eurozone inflation eases down in November, rises year-on-year

Lower energy prices cut eurozone inflation in November. Items that were more expensive included meals in restaurants and cafes, rents and cigarettes.

Lower energy prices cut eurozone inflation in November. Items that were more expensive included meals in restaurants and cafes, rents and cigarettes.

Business

UK inflation hits two year high in November

British consumer prices were 1.2 percent higher in November than a year earlier, pushed up by more expensive clothing and technology goods.

British consumer prices were 1.2 percent higher in November than a year earlier, pushed up by more expensive clothing and technology goods.

News

Vatican attempts to rekindle faltering Venezuela talks

Talks between the Venezuelan government and a coalition of opposition parties have reached a stalemate which facilitators from the Vatican are hoping to break.

Talks between the Venezuelan government and a coalition of opposition parties have reached a stalemate which facilitators from the Vatican are hoping to break.

Business

Eurozone inflation continues to rise

The eurozone has added another 0.1% of inflation to its year-on-year figures for the third month in a row.

The eurozone has added another 0.1% of inflation to its year-on-year figures for the third month in a row.

Business

Challenge and hope: analysing Egypt's loan from the IMF

Egypt is to get an International Monetary Fund bailout loan, but can it bring down public debt, control inflation and protect the country's poor?

Egypt is to get an International Monetary Fund bailout loan, but can it bring down public debt, control inflation and protect the country's poor?

Business

Trump victory overshadows Japan's growth

Japan's economic growth was stronger than expected in Q3 but the election of Donald Trump is casting uncertainty over its export prospects.

Japan's economic growth was stronger than expected in Q3 but the election of Donald Trump is casting uncertainty over its export prospects.

Business

Federal Reserve keeps borrowing costs unchanged

As expected, the Federal Reserve has kept interest rates unchanged and reinforced expectations for higher borrowing costs in December.

As expected, the Federal Reserve has kept interest rates unchanged and reinforced expectations for higher borrowing costs in December.

Business

Rising US inflation makes December interest rate hike more likely

US consumer prices rose in September - up 1.5 percent year-on-year - keeping the Federal Reserve on track to raise the cost of borrowing in December.

US consumer prices rose in September - up 1.5 percent year-on-year - keeping the Federal Reserve on track to raise the cost of borrowing in December.

Business

Inflation means inflation with post-Brexit price rises

Inflation in Britain jumped in September, and it was mostly more expensive clothes and costlier fuel which pushed it up, rather than the weaker pound.

Inflation in Britain jumped in September, and it was mostly more expensive clothes and costlier fuel which pushed it up, rather than the weaker pound.

Business

Eurozone inflation rises in September

Eurozone inflation got a caffeine and nicotine fuelled boost in September as people paid more in restaurants and cafes. Cigarette prices also rose.

Eurozone inflation got a caffeine and nicotine fuelled boost in September as people paid more in restaurants and cafes. Cigarette prices also rose.

Business

Euro 2016 kicks up UK inflation to 0.5% in June

Inflation in Britain was boosted in June by more expensive airfares as football fans flew to France for the Euro 2016 championships.

Inflation in Britain was boosted in June by more expensive airfares as football fans flew to France for the Euro 2016 championships.