German inflation accelerated again in August as the Iran war stoked energy costs, official data showed Monday, fuelling expectations the European Central Bank would raise interest rates next month.
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German inflation accelerated again in August as the Iran war stoked energy costs, official data showed Monday, fuelling expectations the European Central Bank would raise interest rates next month.
'A first inflation wave is in full swing,' one analyst warned
Inflation in the euro zone’s four largest economies hovered above the European Central Bank’s 2 percent target for a third…
The cost of services like haircuts, restaurant meals, plumbers, and hotel stays also rose faster in recent months, from three to…
The hike on Sept 10 raises the ECB’s benchmark deposit rate to 2.5 per cent. Read more at straitstimes.com. Read more at…
Euro zone inflation rose to an estimated 3.2% in May, driven by surging energy prices. The print was in line with forecasts in a…
Cooling fuel prices following the US-Iran deal on ending the war were mostly to thank for the headline figure dropping back
