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Ft. Angry Danes
Lowest rate for more than 2 years bolsters expectations that ECB will not raise rates further
Bloc’s output declined 0.1% in both three-month periods, according to downgraded estimate
Eurostat data out Thursday could show region contracted in the fourth quarter of 2022 and first three months of this year
National statistics might have a sampling problem
Your guess is as good as theirs
Fresh high piles pressure on European Central Bank to raise rates substantially next week
At least not yet.
Coronavirus led to a 2.6% reduction in employment across the bloc in second quarter
Bloc’s consumers return to the high streets in June after pandemic lockdowns lifted
Consumer spending on many illegal substances grew rapidly after 1965
Consumer prices fall in September from year before while exports shrink
Production in third quarter expected to have ‘contracted sharply’
Germany drives increase as tight labour market pushes companies to raise salaries
Further bleak data comes ahead of eagerly anticipated ECB meeting
Annual regional inflation remains at 1 per cent, well below target
Price pressures set to remain subdued in coming years
Fourth-quarter pace matched previous three months as services industry especially strong
Growth in energy prices eases, driving decline in overall inflation
Large numbers have failed to secure the benefits of strong economic growth
Inflation ticks lower to 2% in August
International Edition