Eurozone inflation eased in August: revised EU data
- 19-Sep-2023
BRUSSELS: Eurozone inflation slowed slightly in August, the EU statistics agency said on Tuesday, revising its previous figure. Consumer prices in the 20-country single currency area fell to 5.2 percent in August from 5.3 percent in July, according to Eurostat. The agency had previously put August inflation at 5.3 percent. Eurostat also said food and […]
Eurozone inflation falls for first time in 17 months
- 30-Nov-2022
BRUSSELS: The eurozone annual inflation rate slowed to 10 percent in November, falling for the first fall in 17 months, the EU statistics agency said Wednesday. Boosted by soaring energy and food bills triggered by Russia’s war in Ukraine, the rate of price increases had hit a new historic record every month since November 21. […]
Eurozone inflation rises to record level
- 31-Aug-2022
BRUSSELS: The eurozone inflation rate hit a new record of 9.1 percent in August, the EU statistics agency said Wednesday, increasing pressure on the European Central Bank to hike interest rates. Driven by soaring fuel prices caused by the war in Ukraine, the yearly inflation rate in the 19-country single currency area is up from […]
Eurozone inflation rose to 0.9pc
- 18-Dec-2013
Brussels: Eurozone inflation rose to 0.9 per cent in November from a four-year low of 0.7 per cent in October, and rose one per cent across the 28-nation European Union, according to Eurostat. It is mainly due to continuation of fall in energy prices in November, down 1.1 per cent after a drop of 1.7 […]