Rising pancake costs leaving sour taste for consumers The cost of making a pancake has risen by 3% in the last year, according to the Central Statistics Office. Ireland • 09 Feb
PepsiCo posts rare sales miss as price hikes dent demand PepsiCo fell short of Wall Street estimates for fourth-quarter revenue and forecast weak organic growth for 2024 as the soft drinks and snacks giant's multiple … Business • 09 Feb
ECB needs more inflation evidence before easing - Lane The European Central Bank still needs more evidence that inflation is heading back to its 2% target before it can cut interest rates, even if … Business • 09 Feb
German inflation eases to 3.1% in January German inflation eased in January to 3.1%, the federal statistics office said today, confirming preliminary data. Business • 09 Feb
India's central bank holds rates, vows to cut inflation India's central bank kept interest rates unchanged for a sixth time in a row today, as both inflation and economic growth remain high in the … Business • 08 Feb
China deflation extends into fourth month in a row Chinese consumer prices fell in January at their quickest rate in more than 14 years, data showed today, as the country's leaders struggle to revive … Business • 08 Feb
Used car price inflation slows again in 2023 - DoneDeal The average quarterly rate of used car inflation slowed to 2.2% last year, the latest price index from car site DoneDeal shows. Business • 08 Feb
Grocery inflation growth slows again in January - Kantar New figures from Kantar show that grocery inflation continued its downward trend last month, as it fell to 5.9% in the 12 weeks to 21 … Business • 06 Feb
Consumers trim near-term inflation expectations - ECB Euro zone consumers have trimmed their expectations for inflation over the next 12 months, a European Central Bank poll showed today, in a sign the … Business • 06 Feb
Australia's RBA holds rates as inflation cools Australia's central bank held interest rates steady today but cautioned that a further increase could not be ruled out given inflation was still too high, … Business • 06 Feb
Export-led hit to the economy likely 'temporary' - BoI The slowdown in multinational exports that arose largely from a hit to the pharmaceutical sector last year is likely to have been temporary, according to … Business • 06 Feb
Weakest pace of services expansion in 3 years - AIB PMI There was a marked slowdown in the rate of expansion in activity in the services sector in January, according to AIB in its latest Purchasing … Business • 06 Feb
IMF says central banks should not rush into rate cuts The IMF sees a greater risk to the global economy if central banks start cutting interest rates too soon than if they move "slightly" too … Business • 02 Feb
Bank of England says interest rates 'under review' The Bank of England kept interest rates unchanged today, after officials split three ways on the right course for policy and Governor Andrew Bailey wanted … Business • 01 Feb
Inflation falling faster than expected - ECB's AI model The European Central Bank's artificial intelligence model shows that inflation in the euro area may fall faster the ECB itself expects but with a great … Business • 01 Feb
Euro zone inflation dips but core figures may disappoint Euro zone inflation eased as expected last month but underlying price pressures fell less than forecast, likely boosting the European Central Bank's argument that rate … Business • 01 Feb
Swedish central bank holds interest rates steady Sweden's central bank kept its key interest rate unchanged at 4% today as expected but said that if inflation continued to slow it might be … Business • 01 Feb
US Fed holds key rate steady, March cut now unlikely The US Federal Reserve last night voted to leave interest rates unchanged for the fourth meeting in a row, while indicating it was moving toward … Business • 01 Feb
Construction costs rise but rate of increase eases Construction costs are continuing to rise, but the rate of increase eased significantly in the second half of last year, the latest Tender Price Index … Business • 01 Feb
Inflation estimated to have slowed to 2.7% in January The latest figures from the Central Statistics Office show an easing in the estimated annual rate of inflation in January. Business • 31 Jan
German inflation eases to 3.1% in January German inflation eased slightly more than expected in January to 3.1%, preliminary data from the federal statistics office showed today, helped by a drop in … Business • 31 Jan
Rising labour costs to become driver of core inflation The Governor of the Central Bank has said that fast-rising labour costs will become the main driver of core inflation, as the effects of past … Business • 30 Jan
IMF lifts global growth forecast citing 'resilience' The IMF said today it has raised its 2024 global growth forecast to 3.1%, citing unexpected "resilience" in major advanced and emerging market economies around … Business • 30 Jan
Annual wholesale electricity prices down 67% in December New figures from the Central Statistics Office show that wholesale electricity prices continued to trend downwards during 2023 and were at their lowest point in … Business • 30 Jan
'Year of elections' adds to uncertainty for investors The unusually high number of elections taking place around the world this year poses a challenge to markets, according to one of the country's largest … Business • 30 Jan
