Consumer prices rose by 1.5% year-on-year in January compared to 1% a month earlier, a flash estimate of the Harmonised Index of Consumer Prices from the Central Statistices Office show today - the highest level in five months.

The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to chart a course amid political turmoil in leading economies

Europe’s economy stagnated late last year as its former growth engine, Germany, finished a second straight year of shrinking output.

The eurozone economy stagnated in the fourth quarter as political instability weighed heavily on the region’s two biggest countries, offsetting better performance elsewhere.

CdM: The annual inflation rate in the euro area was 2.4% in December 2024, up from 2.2% in November. A year earlier, the rate was 2.9%. Annual inflation in

The euro zone economy stagnated last quarter as worried consumers zipped up their purses, adding to fears that a long-predicted recovery could be further delayed, Eurostat data showed today.

The Governing Council today decided to lower the three key ECB interest rates by 25 basis points. In particular, the decision to lower the deposit facility rate – the rate through which we steer the monetary policy stance – is based on our updated assessment of the inflation outlook,

Minimum wages rose faster than inflation in most EU member states and candidate countries, leading to real wage growth across the region. Euronews Business examines these changes. View on euronews

The European Central Bank cut its key interest rate on Thursday to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to navigate political turmoil in leading economies France and Germany.

Europe’s economy stagnated late last year as its former growth engine, Germany, finished a second straight year of shrinking output.

The economy returned to stagnation as 2024 drew to a close, a blow to its hopes for a recovery as it braces for the possibility that Trump will deliver a long-threatened increase in tariffs.

The ECB's deposit rate was cut to 2.75% from 3%, the lowest in nearly two years. The ECB said the disinflation process is well on track and is set to return to its 2% medium-term target this year.