Europe’s Inflation Declines: Updates and Analysis on the Eurozone’s Inflationary Crisis

2023-10-31 14:01:24 By Le Figaro with AFP Published 59 minutes ago, Updated 57 minutes ago Inflation peaked in the Eurozone in October 2022. New Africa / stock.adobe.com Inflation experienced a spectacular decline in October, falling by 1.4 points compared to the month of September according to Eurostat, the statistical office of the European Union. Is … Read more

“EU Economic Forecasts 2023-2024: Resilient Growth and Inflation Rates Explained”

2023-05-15 16:33:24 EU GDP is expected to reach 1% in 2023 and 1.7% in 2024, compared to 0.8% and 1.6% previously. The European economy continues to show resilience in a challenging global environment and is now expected to grow more than expected over the next two years. This is what the European Commission wants to … Read more

“ECB Raises Interest Rates as Eurozone Inflation Remains High – Latest Updates and Analysis”

2023-05-04 12:56:15 The European Central Bank says inflation is “too high for too long” in the eurozone. The European Central Bank raised its interest rates again on Thursday, but at a slower pace, taking into account both the timid decline in inflation, excluding energy prices, and weak economic growth in the euro area. euro. The … Read more

Euro Zone’s Inflation Rate Rises to 7% in April, Led by Food and Tobacco: Latest Update and Insights

2023-05-02 13:23:11 AA / Paris / Ümit Dönmez The euro zone’s annual inflation rate rose again in April, according to Eurostat. In its estimates published on Tuesday, the European statistical institution indicated that this rate stood at 7% in April, against 6.9% in March. As for the main contributors to euro area inflation, the “food, … Read more

“Financial Markets: Optimism vs Reality – Exploring the Impact on Global Economy and Bank Failures”

2023-04-21 15:30:03 Published on : 21/04/2023 – 17:30 In recent weeks, the financial markets have displayed unfailing optimism, far from the daily concerns linked to inflation or the doubts that weigh on the global economic recovery. But can this gap with the real economy persist? And could new bank failures disrupt this stock market euphoria? … Read more

After energy prices, Europe faces persistent inflation

Published on : 02/03/2023 – 19:07Modified : 02/03/2023 – 19:19 Inflation is falling less than expected in Europe at the start of the year, Eurostat announced on Wednesday. First driven in 2022 by the increase in energy prices – which are experiencing a lull –, it now maintains its momentum, in particular, because of the … Read more

European Central Bank raises interest rates by 50 basis points

AA/Francfort/Mohammed Hamood Ali al-Ragawi The European Central Bank (ECB) on Thursday raised its key rates by 50 basis points, their highest level since 2008. In a press release, the ECB announced that it had raised its interest rates from 2.5% to 3%. According to the press release, the deposit rate increased from 2% to 2.5%, … Read more

inflation slows in November

AA / Brussels / Mohammad Farid Mahmoud Abdullah The European Statistics Office (Eurostat) said on Wednesday that consumer price inflation in the euro zone (which brings together 19 countries) had slowed in November, compared to figures recorded in previous months. According to preliminary data from Eurostat, annual inflation fell to 10% in November, from 10.6% … Read more