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Building boom leads to bottleneck of essential supplies, from steel and wood to concrete and copper
Easing of lockdowns and rising vaccinations boost growth outlook
Olaf Scholz said jump was ‘temporary phenomenon’ driven by economic recovery from pandemic
Pandemic-driven changes in consumption patterns alter official pace of price growth
Rising price growth looms for first time in decades but policymakers pursue differing strategies
Inflation hits 2% in May, in wake of similar US data, adding to investor concerns on decisions on stimulus efforts
Harmonised index of consumer prices shows a 2.4 per cent rise in May after jump in energy costs
Policymakers must pull off ‘magician’s trick’ of withdrawing stimulus without risking recovery
ECB president believes inflation will fall despite rebound in eurozone business activity
Lane’s remarks echoed by Draghi who said monetary policy should remain expansionary
The scaremongering in Germany has begun.
Isabel Schnabel says expected rise above 3% unlikely to cause tightening of monetary policy.
German automaker’s view reinforces ECB policymakers’ forecasts that sustained inflation is unlikely
ECB president Christine Lagarde plays down likelihood of sustained rise in prices
Spanish unemployment hits 4m for first time in 5 years while German shoppers scale back
At least not yet.
Effects on labour market and credit flows will continue to hinder recovery
Pace of currency’s appreciation more of a concern than level of exchange rate, minutes show
Prices of oil and other commodities have fallen in recent weeks
Consumer prices climb at 1.3 per cent annual rate in December
Consumer prices fall in September from year before while exports shrink
Slowdown highlights why ECB felt it needed to inject more cheap money into the economy
Rate sinks to 1.2% putting pressure on policymakers to inject fresh stimulus
Consumer prices rose 1.7 per cent last month, driven particularly by energy costs
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