The rate of inflation in countries using the euro slipped to 6.9 percent in the year through March, from 8.5 percent the previous month, but underlying price gains edged higher.
Category: Eurozone
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As Banking Worries Swirl, Europe’s Policymakers Express Confidence, With Caution
Officials say eurozone lenders are strictly supervised and continue to be strong. But at a recent conference, wariness about the future remained.
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Eurozone Inflation Edges Lower, but Pressure on Prices Continues
The annual rate of inflation was 8.5 percent in February, down from 8.6 percent a month earlier, among countries using the euro.
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U.K. Economy Sputters and Barely Avoids a Recession
Economic growth was unchanged in the fourth quarter, and slow expansion is expected in the years ahead.
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European Central Bank Raises Rates Again
Another half-point increase pushed rates to the highest levels since 2008, and the bank said it “expects to raise them further.”
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Eurozone Inflation Falls in January as Energy Costs Ease
Prices rose at an annual rate of 8.5 percent last month, down from 9.2 percent in December, but signs of persistent cost increases remain.
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Europe’s Economy Edges Higher, Heading Off Forecasts of Recession
The eurozone economy grew 0.1 percent late last year, a reflection of modestly rising optimism as energy prices have eased, but risks remain.
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Adani Loses Billions After Attack by a Short Seller, Hindenburg Research
The Adani Group, the Indian conglomerate run by Asia’s wealthiest man, has gone on the offensive to fight fraud allegations by an American investor.
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Price Gains Ease in Europe but Core Inflation Keeps Policymakers ‘Up at Night’
Declines in overall inflation rates may bring comfort to consumers, but central bankers are still wary of drivers of persistently high prices.
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Eurozone Inflation Eases on Lower Energy Prices
The rate of price increases in countries using the euro slowed to 9.2 percent in December, down from 10.1 percent a month earlier.
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European Central Bank Raises Rates Half a Point, Moderating Its Pace
But the bank warned that interest rates would “still have to rise significantly” to tame inflation.