English

More about this topic

Business

'Shrinkflation' stickers come into force in French supermarkets

The state is seeking to protect consumers and their wallets against deceptive packaging, although some retailers are critical.

Economy

Belgian inflation soars to its highest level in 10 months at 3.74%

Italian producer prices also saw their slowest fall since April 2023, as European markets readjust after the price surges seen due to the Russia-Ukraine war.

Economy

French inflation up in May driven by higher energy and food prices

French inflation inched up to 2.3% in May. Increases in food prices and energy costs contributed to this higher figure. However, services inflation softened over the same period.

Economy

Spanish inflation rises for third consecutive month after VAT hike

A jump in electricity prices linked to higher VAT rates is pushing up inflation in Spain. Upticks are being seen across the eurozone, although the causes are varied.

ADVERTISEMENT

Economy

German inflation rises as consumer confidence hits 2-year high

Germany's annual inflation rose to 2.4% in May, matching forecasts, while the core rate held at 3.0%. Consumer sentiment improved to an over 2-year high as market watchers anticipate an ECB interest rate cut in June.

Economy

Shoppers hit by rising prices as costs soar over past five years

Items such as olive oil, baked beans and sugar have risen particularly steeply with adverse weather, geopolitical concerns and global inflation contributing to the rise.

Markets

Wake up and smell the coffee but where's the best value espresso?

Coffee prices continue to rise in the continent but at a considerably slower rate than last year's double-digit price hikes.

Business

Difficult to digest cost of doner kebabs prompts price cap calls

In Germany, the once-affordable doner kebab has become the emblem of a growing concern: donerflation.

Economy

Inflation rate in Hungary edges up slightly to 3.7% in April

After 14 months of decline, the rate of inflation in Hungary rose again.

Economy

Turkey inflation hits almost 70% in April dampening any rate cut hopes

Turkey’s inflation accelerated to 69.8% annually for the month of April, according to latest data from the Turkish Statistical Institute.

Economy

UK inflation drops to two and a half year low as food prices cool

Stabilising food inflation and falling house prices both contributed to UK inflation coming down further in March, leading to renewed hopes that the Bank of England might cut rates soon.

Economy

Inflation cools in Germany and France as food and energy prices fall

German and French inflation numbers both fell in March, primarily due to declining food and energy prices, leading to more hopes of inflation soon returning to the ECB’s 2% target.

Economy

New post-Brexit border fees could drive up UK food prices

There is a warning that fees for new border checks of plants and animal products could leave supermarket shelves empty and lead to small business closures in the UK.

Economy

Prices static in Switzerland: What's behind its falling inflation?

Prices in Switzerland remained unchanged in March compared with the previous month and were only slightly up over the year.

Economy

What's keeping egg prices high for Easter? It's not just inflation

In Europe, egg prices are 10% to 15% lower than last year but still about double what they were in 2021

Economy

French inflation falls to two and a half year low as food prices slow

Falling services and energy inflation also contributed to March’s reduced inflation print.

Economy

Climate change is turning up the heat on inflation, according to study

Rising temperatures and extreme weather events are expected to have a global impact on agriculture.

Economy

UK tax cut on the cards? Hunt raises hopes as inflation falls

With UK inflation falling to its lowest in more than two years in February, what are the potential implications for tax reductions?

Business

Unilever creams off specialist unit as it cuts 7,500 jobs

British consumer goods company Unilever revealed the plan as it looks to make savings of €800 million by 2027.

Economy

Inflation in Europe: Which countries are hit the hardest?

Annual inflation in the EU and eurozone continues to show signs of easing, with January figures showing a fall in 15 of the EU countries. However, the remaining 11 countries recorded a rise.