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Economy

Turkey inflation falls for eighth month in a row as food prices dip

Falling housing and electricity prices also contributed to January's slowing inflation rate, as did a drop in recreation and culture prices.

Economy

Eurozone retail trade shows tepid growth after prior drop in October

The final quarter of last year was disappointing for retailers in the eurozone, with little reprieve forecasted for 2025.

Economy

Rising butter prices leave European consumers with a sour taste

Rising butter prices give European consumers and bakers a bad taste

Markets

Olive oil prices on track to halve, says world's biggest producer

One of the most difficult periods for the industry is coming to an end and will be driving prices down to half of their all-time high in the coming months, according to Spain's Deoleo.

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Economy

UK inflation falls to 3-year low boosting hopes for another rate cut

Lower air fares and petrol prices dragged down price increases in September in the UK, prompting hopes that there will be another interest rate cut on the cards.

Economy

Netherlands: Inflation rate slows but remains higher than most

Despite a steep drop in fuel prices, annual inflation in the Netherlands was still 3.5% in September, one of the highest in the eurozone.

Economy

Eurozone inflation figures see drop in August, towards ECB 2% target

Services were the main reason for the boost but growth in inflation was at the slowest rate in three years and inching towards the ECB's target of 2%.

Economy

Spain inflation falls to five-month low in July as energy prices drop

A drop in food prices contributed to the fall with items such as butter, milk, pasta, flour and chicken all becoming cheaper.

Economy

New report warns that the price of basic foods could soar by 2030

The price of olive oil and baked beans, among other basic products, could dramatically rise over the next few years, according to new research by the online shopping platform BravoVoucher.

Business

'Shrinkflation' stickers come into force in French supermarkets

The state is seeking to protect consumers and their wallets against deceptive packaging, although some retailers are critical.

Economy

Belgian inflation soars to its highest level in 10 months at 3.74%

Italian producer prices also saw their slowest fall since April 2023, as European markets readjust after the price surges seen due to the Russia-Ukraine war.

Economy

French inflation up in May driven by higher energy and food prices

French inflation inched up to 2.3% in May. Increases in food prices and energy costs contributed to this higher figure. However, services inflation softened over the same period.

Economy

Spanish inflation rises for third consecutive month after VAT hike

A jump in electricity prices linked to higher VAT rates is pushing up inflation in Spain. Upticks are being seen across the eurozone, although the causes are varied.

Economy

German inflation rises as consumer confidence hits 2-year high

Germany's annual inflation rose to 2.4% in May, matching forecasts, while the core rate held at 3.0%. Consumer sentiment improved to an over 2-year high as market watchers anticipate an ECB interest rate cut in June.

Economy

Shoppers hit by rising prices as costs soar over past five years

Items such as olive oil, baked beans and sugar have risen particularly steeply with adverse weather, geopolitical concerns and global inflation contributing to the rise.

Markets

Wake up and smell the coffee but where's the best value espresso?

Coffee prices continue to rise in the continent but at a considerably slower rate than last year's double-digit price hikes.

Business

Difficult to digest cost of doner kebabs prompts price cap calls

In Germany, the once-affordable doner kebab has become the emblem of a growing concern: donerflation.

Economy

Inflation rate in Hungary edges up slightly to 3.7% in April

After 14 months of decline, the rate of inflation in Hungary rose again.

Economy

Turkey inflation hits almost 70% in April dampening any rate cut hopes

Turkey’s inflation accelerated to 69.8% annually for the month of April, according to latest data from the Turkish Statistical Institute.

Economy

UK inflation drops to two and a half year low as food prices cool

Stabilising food inflation and falling house prices both contributed to UK inflation coming down further in March, leading to renewed hopes that the Bank of England might cut rates soon.