Thursday, December 18, 2014   

Eurozone inflation rises in April
(04-30 17:41)

Official figures show that inflation across the 18-country eurozone rose in April but not as much as had been anticipated in the markets.
Eurostat, the EU's statistics office, said Wednesday that consumer prices rose by 0.7 percent in April from the year before, up from the previous month's 0.5 percent.
The expectation in the markets was for a slightly bigger rise to 0.8 percent. An increase had been predicted largely because of the timing of Catholic Easter, which often prompts a rise in prices. Last year it fell in March so that increase dropped out of the annual comparison.
Despite the rise, many economists expect inflation to fall again in coming months. However, the European Central Bank thinks deflation, or an outright fall in prices, is unlikely. --AP   
Other Business breaking news:
Cautious Japanese firms holding record assets: BoJ (14 mins ago)
German business confidence grows in December: Ifo (14 mins ago)
Swiss central bank introduces negative interest rate (35 mins ago)
Hang Seng finishes higher, Shanghai down (1 hr 3 mins ago)
Ruble rallies in early trading on day of Putin press conference (1 hr 56 mins ago)
Nikkei soars on weaker yen (2 hrs 39 mins ago)
Hang Seng up by lunch (12-18 12:35)
Fed says can be 'patient' on rate rise (12-18 12:11)
China's home prices continue to cool, declines narrowing (12-18 12:09)
Avon beauty firm pays US$138m to settle China bribe probe (12-18 11:20)

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.