Saturday, August 29, 2015   

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:
Greece swears in caretaker cabinet (08-28 23:00)
US stocks lower at the open (08-28 21:45)
UBS pays penalty for disregarding bans on a terrorist’s deals (08-28 21:20)
US personal incomes and spending rise at modest rate (08-28 21:03)
Oil prices drop to US$42.35 (08-28 20:50)
Bank of China and AgBank report marginal earnings growth (08-28 19:25)
UK reports 0.7pc second quarter growth (08-28 18:31)
Shanghai stocks rally 4.8pc at close, Hang Seng gives up gains (08-28 16:25)
Dow leaps 200 points at open (08-27 22:34)
US reports broad-based 3.7pc growth sparked by consumer spending and business investment (08-27 22:05)

More breaking news >>

© 2015 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 2015, 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.