Euro area ends 2024 with spike in inflation
As inflation brings Europeans along for a bumpy ride, unemployment has remained stable. Throughout the euro area, unemployment remained 6.3%, unchanged between October and November 2024. Unemployment also remained a consistent 5.9% across the EU, according to data published Tuesday.
European Shares Edge Higher As Inflation Worries Ease
European shares traded higher on Thursday as benign U.S. inflation readings kept the door open for potential rate cuts by the Federal
European shares rise as soft inflation powers UK stocks
European shares were broadly higher on Wednesday as bond yields took a breather ahead of crucial inflation data in the United States, with British bourses outperforming following a soft local inflation reading.
European stocks climb as inflation takes centre stage
Market watchers are now awaiting the release of US consumer-price inflation data later in the day. A below-forecast read on US wholesale prices provided a little relief and helped the Dow and S&P 500 end higher Tuesday,
European Stocks Rise. Investors Can Thank Cooling U.K. Inflation.
European stocks were rising Wednesday after a surprise drop in the U.K. inflation rate. U.K. inflation fell to 2.5% in December, down from 2.6% the previous month, according to Office for National Statistics figures published Wednesday.
European stocks rally following US and UK inflation data
European stock markets experienced a strong rally following cooling inflation data from the UK and the US on Wednesday. However, the weakness in the euro and the pound sterling may persist due to the ongoing economic and political uncertainties.
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Eurozone inflation rises to 2.4%. What does that mean for the ECB’s rate cut plans?
Inflation in the Eurozone shot up to 2.4% in December, the third consecutive monthly rise, according to data from Eurostat.
Anadolu Ajansi1d
Euro area December annual inflation confirmed at 5-month high of 2.4%
The euro area annual consumer inflation rate for December was confirmed at 2.4%, its highest level since July, according to a ...
ECB follows 'middle path' on rates as inflation risks remain, says chief economist
Eurozone inflation fell to 2.4% in December 2024, but ECB chief economist Philip Lane cautions that services inflation and ...
Politico Europe1d
Hungary wins EU approval for its four-year fiscal plan
The European Commission greenlighted Hungary’s medium-term fiscal-structural plan on Thursday after Budapest provided the ...
Exchange Rates11d
Euro Today: EU Inflation Back On The Rise
This week’s data showed EU inflation has risen for a third straight month. German inflation is up from a September low of 1.6% to 2.6%. Energy costs have risen and there inflation could rise ...
Spanish inflation rate confirmed at 2.8% as fuel costs surge
Increasing transport prices boosted Spain’s December inflation number, with rising culture and recreation prices also ...
Italy Dec EU-Harmonised CPI Decelerates to 1.4% Y/y, 2024 Average at 1.1%
Official statistics agency ISTAT also reported that Italy's annual HICP average rate for 2024 came in at 1.1%, down from 5.9% ...
ons.gov.uk4d
Consumer price inflation, UK: December 2024
The annual inflation rate for housing and household services was 6.0% in December 2024, up from 5.8% in November. This ...
Politico Europe4d
Relief for embattled Rachel Reeves as UK inflation falls — with caveats
The Office for National Statistics said cooling in the restaurants and hotels sectors contributed to the slowdown in price increases.
Congress should unwind Biden’s disastrous energy policies to restore the American economy
If congressional Republicans intend to deliver on our promises of a booming economy and stable prices, we’d be wise to unwind quickly the disastrous energy policies that the Biden-Harris regime ...