Sunday, October 26, 2014   

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:
China and 20 other countries sign up to regional bank (10-24 18:00)
Britain says EU is asking for bigger contribution (10-24 17:49)
British economy grows slower in Q3 (10-24 17:00)
Firm in China's first bond default to be restructured (10-24 16:59)
Hang Seng closes lower (10-24 16:22)
Pearson reports sliding sales (10-24 16:22)
European stocks fall at open (10-24 16:05)
BASF says won't meet 2015 targets (10-24 16:04)
ECB to unveil results of eurozone bank health check (10-24 16:04)
German consumer confidence stops falling: survey (10-24 15:59)

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.