Tue, 21-Oct-2025

Inflation in Germany, Spain climbs again in May

Germany

Germany and Spain on Monday reported some other bounce in inflation in May because the struggle in Ukraine persevered to push up meals and electricity prices, the heaping strain on the European Central Bank to speed up interest price rises. In Europe’s pinnacle economy Germany, the yearly inflation charge quickened to 7.9 percent to attain the best … Read more

Eurozone inflation rises to new record high

Eurozone

BRUSSELS: Inflation in the eurozone soared to a new record high in January, official data showed on Wednesday, adding pressure on the European Central Bank ahead of a monetary policy meeting this week. The figure hit 5.1 per cent last month, a first since the official Eurostat agency started to compile the data in 1997. … Read more