Friday, October 31, 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:
German retail sales post biggest drop for 7 years (10-31 17:59)
Hang Seng finishes higher (10-31 17:22)
IAG airlines group logs improving Q3 profits (10-31 17:21)
European stocks rally at open (10-31 16:47)
Panasonic says half-year profit dives (10-31 15:53)
Nikkei soars to seven-year high (10-31 15:44)
Japan Airlines H1 net profit slips (10-31 15:43)
Sony says half-year loss balloons six-fold (10-31 15:42)
RBS sets aside 400m pounds for forex probes (10-31 15:41)
BoJ chief says at 'critical moment' for exiting deflation (10-31 15:40)

More breaking news >>

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