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Economy

Turkey hikes interest rate to 50% in surprise move

The increase comes after a pause last month which led experts to believe another freeze would follow suit. Yet chronic inflation still persists.

Business

Property prices getting in the way of Ireland's business with the US

Ireland is home to hundreds of US companies but the rising cost of property is proving to be a complication for business.

Economy

Germany's commercial real estate plunge could be a threat for banks

Germany's commercial real estate crisis could mean trouble for the country's banks due to their high exposure to the sector.

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.

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Economy

Bank of Japan ends opts for first interest rate hike in 17 years

Japan's central bank has decided to end its era of negative interest rates following signs that the country's decades-long deflation is coming to an end.

Economy

IMF: Emerging European economies need high interest rates for longer

Inflation is proving more stubborn in central, eastern and southeastern Europe, says the International Monetary Fund, meaning a soft landing must be handled carefully.

Economy

Italy: As sales rise and inflation stays low, can stocks extend rally?

Italy's retail sales climbed by 1% in January, while inflation remained well contained at 0.8% in February. The FTSE Mib index has seen five consecutive months of gains, but overbought conditions emerge.

Economy

France's inflation figures dip but energy prices keep spark alive

France's inflation rate stood at 3% in February year-on-year, only 0.1% lower than the previous month.

Economy

Ukraine slashes interest rates to 14.5%, Finnish inflation slides

Sweden and Spain also saw slowing inflation, helped by food and non-alcoholic beverage prices falling, as well as clothing and footwear prices.

Economy

Russian inflation touches one-year high in February on service prices

Russian inflation in February was mostly boosted by increases in services and non-food product inflation.

Economy

Modest growth for UK economy after dip into recession

Strong spending in the services sector has seen the UK return to growth.

Economy

Europe wrap: three countries confirm their inflation rates' decrease

Germany's annual inflation rate eased in February, hitting a two-year low to show a slowdown in the rise of consumer prices. Portugal's encouraging figures confirmed it was on a similar trajectory, as is the Netherlands.

Markets

Gold prices reach all-time highs: Which European stocks may benefit?

Gold prices hit a record high, as markets eye potential Fed rate cuts in 2024.

Economy

Ireland's house prices set to keep rising as shortages hit home

Ireland is currently facing a housing crisis due to decreasing investment and a rising population.

Economy

ECB keeps rates at a record: Inflation expected to hit 2% by 2025

The ECB kept its benchmark interest rates on hold in March, noting a further decline in inflation. Price pressures are now expected to reach the 2% target by 2025.

Economy

Where in Europe have property prices increased tenfold since 2015?

Hungarian house prices have climbed by more than 166% since 2015, but there's a country with an even more eyewatering increase.

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.

Economy

'Buy one, get one free': France forbids supermarket mega sales

French supermarkets can no longer offer discounts of more than 34% for various personal and household products. The new law aims to protect smaller companies against the might of multinationals' mega sales. But how will it work for consumers?

Economy

Turkish inflation rockets to almost 70%, shattering rate pause hopes

Inflation in Turkey surged to a 15-month high in February, surpassing expectations and fuelling fears of further rate hikes.

Economy

Swiss inflation continues to slow down in February

Data for the month of February shows inflation is back to its 2021 level, at 1.2%, compared with the same time last year, putting Switzerland on the same path as its European neighbours.