FRANKFURT - The German trade surplus, a pillar of the eurozone economy, climbed to 13.6 billion euros in October, figures released on Wednesday by the national statistics office showed. In September, the biggest European economy and one of the wor
A decline in food price inflation has caused Tesco to lose some of its sales momentum in the UK.The country’s biggest supermarket chain published a third-quarter trading update on Tuesday that showed that its UK like-for-like sales rose 2.8 per cent
Eurozone annual inflation has turned positive for the first time in seven months but is still undershooting the European Central Bank’s goal by a wide margin.Annual inflation in the 16-country region was 0.6 per cent in November, according to a prel
Inflation jumped in October as last year’s steep fall in petrol prices dropped out of annual comparisons, ending more than 12 months of declining indices. The consumer prices index was 1.5 per cent higher last month than a year earlier – up from 1.1
Uncertainty over the outlook for inflation “is as high as it has ever been since 1980, James Bullard, the president of the Federal Reserve Bank of St Louis, has told the Financial Times.He said the US central bank still faced a lingering threat of d
Concerns have been raised about whether big shipping banks will start inflating the value of billions of euros of their assets after two endorsed a new valuation method producing ship values well above market rates.Other German shipping banks are ex
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