Eurozone Inflation Rate Falls to 6.1 Percent in May
The rate of price increases slowed to an annual rate of 6.1 percent in May, but food costs continued to keep inflation uncomfortably high.
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Job Openings Rose in April, Defying Cooling Trend
The Labor Department report may put pressure on the Federal Reserve to raise interest rates further to stem inflation.
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Companies Push Prices Higher, Protecting Profits but Adding to Inflation
Corporate profits have been bolstered by higher prices even as some of the costs of doing business have fallen in recent months.
Posted inCompany Reports Consumer Behavior Energy and Power Europe European Central Bank European Union Food Grain Great Britain Inflation (Economics) Interest Rates Prices (Fares, Fees and Rates) Supermarkets and Grocery Stores Supply Chain
Why Are Food Prices So High in Europe? Sugar, Cheese and Bread Costs Soar
Agricultural and energy costs are falling, but basic items remain stubbornly expensive for consumers.