Thursday, November 26, 2015   

Eurozone inflation stays flat
(06-30 17:05)

The European Union's statistics office says the inflation rate for the 18-nation eurozone in June remained flat at a low 0.5 percent.
Eurostat said Monday its initial June estimate shows the core inflation rate, which excludes volatile food and fuel costs, has edged up to 0.8 percent from 0.7 percent in May.
The European Central Bank seeks an inflation rate of about 2 percent and has embarked on a raft of aggressive measures to spur inflation and boost Europe's economy.
Some economists are warning the persistently low inflation rate could lead to deflation, in which prices fall persistently and choke growth. The ECB says it's worried about the low inflation rate but doesn't expect the currency zone to slide into deflation. --AP   
Other Business breaking news:
Alibaba Group makes move on SCMP, insider says (29 mins ago)
HK, China stocks rally (1 hr 6 mins ago)
Deere & Co posts profit, but sales of tractors, bulldozers drop (1 hr 23 mins ago)
US state demands fixes for 16,000 more Volkswagen, Audi, and Porsche diesels (1 hr 46 mins ago)
Volkswagen fined US$12.3 over dirty Tiguan diesels in Korea (2 hrs 17 mins ago)
Osborne abandons UK tax credits (11-25 21:32)
Europe equities rally (11-25 21:16)
Hungary plans yuan bonds (11-25 21:05)
Singapore cuts growth forecast to 2pc (11-25 20:09)
Lufthansa cabin crew to continue job talks (11-25 17:24)

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.