Tag: Eurozone inflation

• Friday, September 13th 2024 - 07:23 UTC

  European Central Bank cuts basic interest rate 0.25 percentage points to 3,5%

  

  While inflation in the Euro zone was down to 2,2% in August, and with sliding tendency, plus a lack of growth reaction from the economy, the European Central Bank, ECB, on Thursday decided to cut interest rates by another 0.25 percentage points to 3,5%.

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• Friday, July 22nd 2022 - 09:30 UTC

  European Central Bank raises benchmark interests, first time in eight years

  

  The European Central Bank on Thursday raised key interest rates for the first time in over a decade with the purpose of combating inflation, reflected in consumer prices of the Euro-zone which reached 8,6% in the first half of the year.

• Friday, September 1st 2017 - 14:28 UTC

  August inflation in Euro zone reaches 1.5%; Unemployment unchanged at 9.1%

  

  The inflation rate in the Euro zone rose to a higher-than-expected 1.5% in August, according to Eurostat, the European Union's statistics office. The preliminary estimate for the month was up from July's rate of 1.3%.

• Thursday, January 8th 2015 - 06:28 UTC

  Euro zone inflation turns negative putting more pressure for ECB stimulus

  

  Inflation in the Euro-zone has turned negative, official figures have shown, with prices in December 0.2% lower than the same month a year earlier. The tip into deflation adds pressure on the European Central Bank (ECB) to take further action to stimulate the bloc's economy.