Irish prices second highest in EU last year Prices paid by Irish consumers were the second highest in the EU last year, according to new official data. Business • 20 Jun
Bank of England keeps rates at 5.25% ahead of UK election The Bank of England kept its main interest rate unchanged at a 16-year high of 5.25% at its last meeting before July 4's UK election, … Business • 20 Jun
Norway keeps rates on hold, postpones cut until 2025 Norway's central bank held its policy interest rate at a 16-year high of 4.5% today, as unanimously expected by analysts, and postponed the prospect of … Business • 20 Jun
Swiss central bank cuts rate for second time in a row The Swiss National Bank cut interest rates today, maintaining the central bank's position as a frontrunner in the global policy easing cycle now underway, sending … Business • 20 Jun
UK inflation returns to target for first time since 2021 British inflation returned to its 2% target in May for the first time in nearly three years, official figures showed today, as the economic effect … Business • 19 Jun
ECB set to cut rates in September and December - poll The European Central Bank will cut its deposit rate twice more this year, in September and December, according to a significant majority of economists polled … Business • 18 Jun
Australia's central bank holds rates steady Australia's central bank held interest rates steady today as expected but warned there were still reasons to be vigilant against inflation risks, leading markets to … Business • 18 Jun
ECB's Lane confident inflation will hit 2% in 2025 The European Central Bank's chief economist said today he remained confident inflation will fall back to the ECB's 2% target in 2025 after four years … Business • 17 Jun
Consumer behaviour shifting due to rising costs Cost of living pressures continue to top the agenda for consumers, new data shows. Business • 14 Jun
Consumer prices rose by 2.6% over the 12 months to May Consumer prices for goods and services rose by 2.6% over the 12 months to May. Business • 13 Jun
Germany's inflation rises 2.8% on higher services prices German inflation rose in May due to higher services prices, the federal statistics office said on Wednesday, confirming preliminary data. Business • 12 Jun
China's inflation steady, pressure for more stimulus China's consumer inflation held steady in May while producer price declines eased, but the underlying trend suggests Beijing would need to do more to prop … Business • 12 Jun
Budget should not fuel inflation - Central Bank Governor The Government should avoid fueling inflation with its Budget 2025 package, the Governor of the Central Bank has said. Business • 07 Jun
Canada's central bank cuts key lending rate to 4.75% The Bank of Canada has today trimmed its key policy rate by 25 basis points to 4.75%, its first cut in four years, and said … Business • 05 Jun
Customers cutting costs but still value quality - survey A new survey from KPMG highlights the challenge retailers and brands face in balancing price competitiveness and quality. Business • 04 Jun
US inflation rises in line with expectations in April US inflation tracked sideways in April, a worrying sign for the US Federal Reserve that suggests the elevated pace of price increases could last longer … Business • 31 May
Euro zone inflation rises as ECB prepares to cut rates The euro zone's annual rate of inflation rose faster than expected in May, official data showed today, but the European Central Bank is still seen … Business • 31 May
Economic growth set to moderate but remain robust - AIB The Irish economy is expected to continue expanding at a robust pace in the coming years, according to a new report from AIB. Business • 31 May
Annual inflation rises to 1.9% in May - flash CSO data The annual rate of inflation increased to 1.9% in May, up from 1.6% in April, a flash estimate of the Harmonised Index of Consumer Prices … Business • 30 May
German inflation rises to 2.8% in May German inflation rose slightly more than forecast to 2.8% in May, although economists said an increase had been expected and should not alarm European Central … Business • 29 May
ECB to focus on quarterly meetings with slow rate cuts The European Central Bank can gradually reduce interest rates given the decline in inflation, and decisions on future cuts could centre around quarterly meetings with … Business • 28 May
McGrath confident ECB will cut interest rates next week The Minister for Finance Michael McGrath said today that all the indications are that the European Central Bank will lower interest rates next week. Business • 28 May
Bank of Japan's inflation measures all fall below 2% The Bank of Japan's key measurements of underlying inflation in April all fell below its 2% target for the first time since August 2022, data … Business • 28 May
Bank of Japan to proceed cautiously on inflation target The Bank of Japan will proceed cautiously with inflation-targeting frameworks, Governor Kazuo Ueda said today, noting that some challenges are "uniquely difficult" for Japan after … Business • 27 May
ECB's Lane says future rate cuts will be data dependent The chief economist of the European Central Bank has given a strong signal that barring something unforeseen arising between now and when its Governing Council … Business • 27 May
