The pace of consumer price gains in the two countries eased in November, the latest in a series of indications that their economies might suffer less in the coming months than predicted.
Category: Eurozone
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Eurozone Inflation Reaches 10.7 Percent as Economies Slow Down
The rise in consumer prices hit another record in October, with more than half of the countries that use the euro registering double-digit increases.
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Inflation, GDP and the Economy: What We Learned This Week
Fresh data on inflation and growth, and actions by policymakers , created a complex picture of the global economy.
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European Central Bank Is Set to Raise Interest Rates Again
Policymakers on Thursday are expected to approve a hefty rate increase to corral prices that have risen “far too high.”
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Bread Prices Skyrocket as Inflation Grips Europe
The elevated costs of flour, nuts, eggs and even electricity are forcing bakers to increase their prices and cut their production.