Inflation

ECB likely to stick to big rate hike despite banking turmoil, source says

15.03.2023 - 12:13

European Central Bank policymakers are still leaning towards a half-percentage-point rate hike on Thursday, despite turmoil in the banking sector, as they expect inflation...

Europe inflation eases slightly as consumer pain persists

02.03.2023 - 12:38

Inflation eased only slightly in the eurozone as the pain from higher costs for food and fuel persists and gives the European Central Bank...

Romania’s central bank lowers 2023 inflation forecast to 7%

15.02.2023 - 18:21

Romania's central bank said on Wednesday that it lowered its inflation forecast for 2023 to 7% from 11.2% projected in November, taking into account...

Hungary leads east EU economic slide amid war in Ukraine

14.02.2023 - 11:17

Soaring inflation, higher interest rates and supply-chain snarls spurred by the war in Ukraine probably pushed most of the European Union’s biggest eastern economies...

EU foresees economy improving, but inflation still painful

13.02.2023 - 12:19

The European Union’s executive branch has raised its economic growth forecast for the year, saying Europe will narrowly avoid a recession and has already...

Eurozone inflation drops to 8.5 percent in January

01.02.2023 - 13:09

Eurozone inflation eased to 8.5% in January from 9.2% in December adding to evidence price pressures have peaked, preliminary Eurostat data showed on Wednesday,...

ECB’s Lagarde says China’s Covid reopening will push inflation higher

20.01.2023 - 13:43

China’s decision to reopen its economy will increase inflation in Europe as they both compete for more energy, the president of the European Central...

Inflation in Europe slows again, hitting 9.2% in December

06.01.2023 - 12:57

Europe ended a bad year for inflation with some relief as price gains eased again, though they still rose a painful 9.2% in December,...

Romania’s consumer price inflation increases to 16.76% y/y in Nov

13.12.2022 - 11:20

Romania's consumer prices rose 16.76% y/y in November, compared to an increase of 15.32% in October, the national statistical office, INS said on Tuesday,...