Thursday, July 31, 2014   

Euro zone inflation remains low
(02-24 18:16)

Official figures show the inflation rate for the 18-nation euro zone remained steady at a low 0.8 percent in January.
The data by Eurostat, the EU's statistics office, show inflation remains well below the European Central Bank's target of just below 2 percent.
The rate, which measures consumer price increase over 12 months, was the same as in December.
Low inflation in recent months has raised concerns of deflation, a sustained drop in prices that can choke off growth.
Eurostat says the annualized inflation rate for the wider 28-nation European union _ which includes members like Britain that don't use the euro _ fell to 0.9 percent from 1 percent in December.—AP
   
Other Business breaking news:
European stocks down before US data (07-30 19:00)
Singapore Airlines profit slumps in first quarter (07-30 18:45)
Eurozone banks ease loan conditions for businesses: ECB (07-30 18:29)
Spain speeding away from crisis (07-30 18:03)
Sony to delist shares from LSE (07-30 17:06)
Trade slumps between HK, China (07-30 16:59)
NEC cuts net loss (07-30 16:57)
Nintendo logs quarterly net loss on Wii U costs (07-30 16:47)
Hang Seng extends win streak to seven days (07-30 16:12)
Barclays says first-half net profit soars (07-30 15:17)

More breaking news >>

© 2014 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2014, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.