Inflation

Commission forecasts inflation tumbling, despite oil price hike
Business

Commission forecasts inflation tumbling, despite oil price hike

Better than expected data means inflation will more than halve this year, despite a price increase in major commodities such…
Inflation rate in Hungary edges up slightly to 3.7% in April
Business

Inflation rate in Hungary edges up slightly to 3.7% in April

Prices in Hungary picked up slightly in April, after declining for more than a year; the annual inflation was 3.7%…
Poland set to hold interest rates firm amid slow economy fears
Business

Poland set to hold interest rates firm amid slow economy fears

Poland’s central bank is expected to keep interest rates unchanged at 5.75% for the seventh consecutive meeting, a Bloomberg survey…
Turkey inflation hits almost 70% in April dampening interest rate cut hopes
Business

Turkey inflation hits almost 70% in April dampening interest rate cut hopes

The country’s annual consumer price inflation climbed close to 70% last month, just slightly below expectations. However, it marked the…
Eurozone growth tops estimates as April inflation holds steady at 2.6%
Business

Eurozone growth tops estimates as April inflation holds steady at 2.6%

Economic growth in the eurozone exceeded economists’ expectations in the first quarter of the year, while the annual inflation rate…
Looking forward to a relaxing retirement? Then you’d better start saving now
Business

Looking forward to a relaxing retirement? Then you’d better start saving now

As the cost of living crisis continues to sweep through most European countries, several workers have seen their savings and…
Spanish inflation hits three-month high as costs bite into food and gas prices
Business

Spanish inflation hits three-month high as costs bite into food and gas prices

The Spanish year-on-year inflation report for April 2024 released early on Monday showed a rise of 3.3%,  according to the…
Markets this week: Focus will be on Eurozone CPI and Fed Rate Decision
Business

Markets this week: Focus will be on Eurozone CPI and Fed Rate Decision

The financial markets are poised for a bustling week ahead, featuring the Eurozone’s flash CPI, the Fed’s interest rate decision,…
How financially literate are Europeans? Not very it turns out — but who knows the most?
Business

How financially literate are Europeans? Not very it turns out — but who knows the most?

A third of Europeans do not understand how inflation works, according to a survey by Eurobarometer. The same survey revealed…
The ‘pink tax’: Why are women and men treated differently when it comes to sales?
Business

The ‘pink tax’: Why are women and men treated differently when it comes to sales?

The «pink tax» is not a legal tax, but rather a surcharge or markup on products traditionally marketed towards women,…
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