Inflation
European Commission cuts growth forecast for eurozone
The European Commission lowered its estimates on July 10 for euro zone growth and inflation, saying uncertainty over U.S. trade policy posed a major risk to the bloc.
Greek consumer price inflation slows to 0.2 pct in June
Greece's annual EU-harmonized inflation rate slowed in June, statistics service ELSTAT data showed on Wednesday.
INS: Annual inflation rate down to 3.84 per cent in June
Consumer prices dropped 0.23 per cent in June 2019 compared with the previous month and by 2.98 per cent compared with the end of last year (December 2018), while the annual inflation rate went down to 3.84 per cent, because of the drop in prices for food stuffs by 0.47 per cent, non-food stuffs by 0.24 per cent, and the increase in services by 0.17 per cent, according to data released by the N
June inflation could drop below 4pct in Romania
June 2019 inflation in Romania may fall below 4pct, according to market data with the National Bank of Romania (BNR), BNR Governor Mugur Isarescu said on Thursday at a news conference. "There will be no rampaging inflation in Romania, because we are here too.
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Minister Albayrak upbeat on inflation outlook
Turkish Treasury and Finance Minister Berat Albayrak has welcomed the latest consumer price data, saying that inflation will decline to single-digits in the period ahead.
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Turkey's inflation rate falls in June
Consumer prices in Turkey rose 15.72% on an annual basis in June, a sharp drop in inflation rates from May, the country's statistical authority announced on July 3.The annual inflation rate last month fell from 18.71% in May, according to Turkish Statistical Institute (TÜİK).
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Inflation For May is 0.1 per cent
The consumer price index in May 2019 compared to April 2019 was 100.1%, i.e. the monthly inflation was 0.1%. The inflation rate since the beginning of the year (May 2019 compared to December 2018) has been 1.8% and the annual inflation in May 2019 compared to May 2018 was 3.5%.
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From July 1, the Purchasing Power of Pensioners in Bulgaria Should Increase
From 1 July, the purchasing power of pensioners will increase due to the modernization of pensions with a record 5.7%. This was calculated by the Minister of Labor and Social Policy, Bisera Petkov, before Nova TV.
Consumer price inflation slows to 0.6 pct in May
Greece's annual EU-harmonised inflation rate slowed in May, statistics service ELSTAT data showed on Monday.
The reading in May was 0.6 percent from 1.1 percent in April. The data showed that headline consumer price inflation also decelerated to 0.2 percent year-on-year from 1.0 percent in the previous month.
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IMF suggests Romania to change policy course to avoid likelihood of boom-bust scenario
Romania's consumption-fueled growth has raised macroeconomic imbalances, including inflation pressure and increased fiscal and current account deficits, so a change in the course of policies is needed to reduce the likelihood of another boom-bust scenario, the International Monetary Fund writes in its Staff Concluding Statement of the 2019 Article IV Mission posted on Friday.