Inflation

From coffee to ketchup, retailers seek price ‘shields’ as inflation runs riot

LONDON/NEW YORK, (Reuters) - As shoppers pay more for anything from coffee to ketchup, some retailers have started to cut or cap the price of hundreds of products as they compete for…

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Record French inflation adds to pressure on Macron

PARIS, April 29 (Reuters) - French inflation jumped to a record high in April, driven by surging energy prices, preliminary data showed on Friday, putting pressure on newly re-elected president Emmanuel Macron…

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UK executives expect high inflation to squeeze profits – Deloitte

More than seven out of 10 chief financial officers (CFOs) at Britain's biggest companies expect high inflation to reduce their profit margins, and few see the Bank of England getting…

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Swedish inflation highest since early 1990s in March

STOCKHOLM, April 14 (Reuters) - Headline inflation hit its highest level in more than three decades in March as the war in Ukraine pushed up food and fuel prices, data showed on…

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ECB sees inflation stabilising around 2% target: Lane

FRANKFURT, March 31 (Reuters) - Euro zone inflation is increasingly likely to stabilise around 2% but the European Central Bank should be ready to change course if the outlook deteriorates due to Russia's war in Ukraine, ECB chief…

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Malta: Food inflation hits 8.4% in February

Inflation continued to edge up in February, moving to 4.2% up from 4.1 per cent in January 2022. A monthly comparison of inflationary components shows that the largest upward impact…

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FACTBOX – UK inflation at 30-year high – what’s changed since 1992?

LONDON, Feb 16 (Reuters) - Britain's inflation rate hit its highest since March 1992 in January when it rose to 5.5% and is expected to extend its climb to above 7% in…

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Euro zone inflation unexpectedly hits new record high

FRANKFURT, Feb 2 (Reuters) - Euro zone inflation rose to a new record high last month, defying expectations for a big drop and adding to already copious doubts that price…

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Surging UK inflation erodes room for budget maneuvers

Britain's government looks firmly on track to borrow less this tax year than forecast but surging inflation will soon curb any leeway for finance minister Rishi Sunak who is under pressure to…

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The cost-of-living crisis will put more pressure on shoppers than COVID

by Kokho Jason Sit Senior Lecturer in Marketing, University of Portsmouth COVID drastically changed shopping habits. Lockdowns, isolation and illness led variously to panic buying, a surge in online deliveries,…

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UK sees record job creation but inflation squeezes wages

British employers hired a record number of staff last month and labour shortages deepened - increasing the chance that the Bank of England will raise interest rates again next month…

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New Bundesbank chief takes up old inflation battle at ECB

New German central bank chief Joachim Nagel warned about high inflation in his inaugural speech on Tuesday, in a sign he would continue his predecessor's fight to rein in the European Central…

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Trust ECB to stabilise inflation, Lagarde tells citizens

Euro zone citizens worried about rising prices can trust the European Central Bank to stabilise inflation, ECB President Christine Lagarde said on Tuesday. "We understand that rising prices are a concern for many people, and…

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Joint Malta Chamber and CBM seminar discusses the permanency of the current inflationary trends

Inflation has become extremely topical after many years of price stability within the Euro zone. “The bottlenecks created by the deep recession caused by the pandemic and the relatively quick…

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ECB’s Schnabel sees risk of higher inflation: report

Euro zone inflation will be higher next year than previously thought and there is a risk that price growth could stay above the ECB's target in the medium term, European Central Bank board…

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Malta: Food drags inflation upwards again

Food remained the largest contributor to inflation as measured by the Retail Price Index, the NSO said today. The annual rate of inflation has reached 2.25% in October, up from…

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Is the UK in 1970’s-style crisis? Johnson says: ‘No’

Prime Minister Boris Johnson denied on Tuesday that Britain was in crisis due to a shortage of labour or that it was facing a 1970s-style inflationary spiral. Johnson said that…

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Euro zone inflation surges to 10-year-high, in headache for ECB

Euro zone inflation surged to a 10-year-high in August with further rises likely, challenging the European Central Bank's benign view on price growth and its commitment to look past what it deems…

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Central Bank revises 2021 growth projection for Maltese economy upwards

The Central Bank of Malta said today that it expects that Malta's gross domestic product (GDP) will grow by 5.1% in 2021, by 5.9% in 2022, and by 4.7% in…

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ECB policymakers at odds on inflation strategy, hope for September deal – sources

European Central Bank (ECB) policymakers are still some way apart on their new inflation strategy but hope to reach an agreement before debating the future of their pandemic-fighting programme in…

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Argentina halts meat exports for 30 days amid inflation fears

Argentina announced a 30-day halt on meat exports on Monday amid rising prices that have spooked the government as it struggles with runaway inflation ahead of key mid-term elections at the…

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Euro area annual inflation stable at 0.9%

Euro area annual inflation is expected to be 0.9% in February 2021, stable compared to January, according to a flash estimate from Eurostat, the statistical office of the European Union.…

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Cost of living almost unchanged in January – NSO

In January 2021, the annual rate of inflation as measured by the Harmonised Index of Consumer Prices (HICP)remained at a constant rate of 0.2 per cent, the NSO said this…

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Cost of living increases in Malta as eurozone sees decline in prices

In August 2020, a month in which COVID-19 containment measures continued to be lifted, euro area annual inflation is expected to be -0.2%, down from 0.4% in July according to…

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Malta: Malta’s annual inflation rate down to 0.83% in April 2020

In April 2020, the annual rate of inflation as measured by the Retail Price Index (RPI) was 0.83%, down from 1.11% in March 2020, according to the data published by…

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Cost of living around Europe drops

In April 2020, a month marked by COVID-19 containment measures in all countries, the euro area annual inflation rate was 0.3%, down from 0.7% in March. A year earlier, the…

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Eurozone inflation rate in April beats forecasts

Euro zone inflation surged beyond expectations during the month of April, bring slight relief for the European Central Bank (ECB). Much of the surge was likely related to seasonal effects…

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Oil Prices push Eurozone inflation

Financial Times: The surge in the price of oil has pushed eurozone inflation above the European Central Bank’s target, but policymakers in Frankfurt are expected to ignore the rise as broader…

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Euro area annual inflation up to 1.4%

Euro area annual inflation is expected to be 1.4% in March 2018, up from 1.1% in February, according to a flash estimate from Eurostat, the statistical office of the European…

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