News | Latest Breaking News Stories & Headlines

Men and women working with cables in a factory in China

China's July factory-gate prices miss forecast

China's producer prices fell more than expected in July, while consumer prices were unchanged, underscoring the impact of sluggish domestic demand and persistent trade uncertainty on consumer and business sentiment.

Business • 11 Aug

China's consumer price index, the main gauge of inflation, fell 0.2% year on year in October

China slipped back into deflation in October

China slipped back into deflation in October, data showed today, highlighting the work officials have in reviving still-sluggish demand in the world's second biggest economy.

Business • 09 Nov 23

Bank of Japan has stunned investors with another bold move to revive the economy

Bank of Japan in negative interest rate surprise

The Bank of Japan unexpectedly cut a benchmark interest rate below zero today - a move which stunned investors.

Business • 29 Jan 16

Japan's Economy Minister Akira Amari acknowledged taking money from a construction company executive

Japan economy minister resigns over money scandal

Japanese Economy Minister Akira Amari resigned abruptly today to take responsibility for a political funding scandal that rocked the government, but denied having taken bribes.

Business • 28 Jan 16

Greece has been in deflation mode for the last two and a half years

Greece exits deflation trend after 33 months

Greece emerged from 33 months of deflation in December, finally seeing some price rises after a bruising period of economic decline and political upheaval.

Business • 13 Jan 16

Japan, the world's third-largest economy expanded at an annualised rate of 2.4% in the first three months of 2015

Japan's economy grows at fastest pace in a year

Japan's economy expanded at its fastest pace in a year in three months from January to March as business investment rose slightly.

Business • 20 May 15

UK's headline CPI rate of zero remains the lowest since comparable records from the ONS began in 1989

UK inflation rate turns negative in March

UK inflation turned negative by the narrowest of margins in March as it dropped to -0.01%, official figures showed today.

Business • 14 Apr 15

Transport fuel prices in the euro zone fell 15.8% in January

Falling energy costs deflate euro zone prices

A sharp drop in energy prices pulled January's euro zone consumer prices to levels last seen during the global financial crisis.

Business • 24 Feb 15

Euro zone consumer prices fall by 0.6% this month

Euro zone deflation accelerates to -0.6%

Euro zone consumer prices fell by an alarming 0.6% in January, accelerating further into negative territory, new figures show today.

Business • 30 Jan 15

Latest euro zone inflation figures pile the pressure on the ECB

Euro zone inflation turns negative in December

Euro zone consumer prices fell by more than expected in December because of much cheaper energy prices, a first estimate by the European statistic office showed.

Business • 07 Jan 15

Consumer prices in Spain were unchanged from a year ago in June

Spain says inflation drops to zero in June

Spain's inflation rate fell to zero in June, official data showed today, as the euro zone battled to fend off the threat of a damaging deflationary spiral.

Business • 11 Jul 14

Wolfgang Schaeuble said a rising exchange rate could hurt Europe's economic development

German FM does not expect euro deflation spiral

German Finance Minister Wolfgang Schaeuble has said he sees no signs at all of a deflation spiral in Europe.

Business • 14 Apr 14

Michael Noonan said low inflation made it harder for him to plan the next Irish Budget

No threat of deflation in Ireland - Noonan

The Minister for Finance has said he does not believe Ireland is facing a threat of deflation, but admitted the low inflation environment was making it harder to plan the next Budget with certainty.

Business • 09 Apr 14

US Treasury Secretary warns euro zone over deflation risk

US warns euro zone over deflation risk

US Treasury Secretary Jacob Lew has warned the euro zone to pay heed to the risk of deflation, adding pressure on European authorities and the European Central Bank to boost growth.

Business • 09 Apr 14

IMF puts renewed pressure on ECB to cut rates

IMF warns euro zone on deflation threat

The International Monetary Fund has identified deflation as the biggest risk to economic recovery in the euro area.

Business • 08 Apr 14

Spanish inflation falls for the first time in over four years

Spanish consumer prices fall 0.2% in March

Spanish consumer prices fell in March for the first time in more than four years, initial data showed today.

Business • 28 Mar 14

Japan's core consumer prices rose 1.3% in February

Japanese inflation heading near target

Japanese consumer prices rose for the ninth consecutive month in February while unemployment fell to a more than a six-year low.

Business • 28 Mar 14

The risks of deflation were 'quite limited', ECB President Mario Draghi said today

ECB ready to fight deflation - Draghi

The European Central Bank has been preparing additional policy steps to guard against deflation taking hold in the euro zone, Mario Draghi said today.

Business • 13 Mar 14

New Eurostat figures ease concerns of deflationary pressure on growth

Euro zone inflation stable at 0.8% in January

Euro zone inflation held steady at 0.8% in January from the same figure in December, official data showed today.

Business • 24 Feb 14

Falling prices not a danger for the euro zone says German finance minister

Schaeuble sees no deflation threat in Europe

There are no signs the euro zone is headed towards deflation, German Finance Minister Wolfgang Schaeuble has said.

Business • 11 Feb 14

OECD says ECB should do all it can to prevent deflation in euro zone

OECD chief economist sees deflation risk in Europe

The European Central Bank should be ready to take measures including quantitative easing to ward off the danger of deflation in Europe, the OECD's chief economist said.

Business • 22 Jan 14

Euro zone's annual inflation rate slows to 0.8% in December

Euro zone inflation slows in December

Euro zone inflation slowed in December, the European Union's statistics office has confirmed.

Business • 16 Jan 14

Euro zone inflation stood at 0.8% in December

Euro zone inflation drops unexpectedly

Euro zone inflation fell surprisingly in December after a small increase in the previous month, adding to concerns about deflation and the risks to a fragile economic recovery.

Business • 07 Jan 14

A raft of ECB speakers this week have said the bank is open to taking fresh measures to support the economy

ECB's Praet warns of deflationary pressures

The European Central Bank's chief economist said today that the euro zone faces deflationary pressures.

Business • 22 Nov 13

Japan economy shrinks as China dispute takes toll

Japan's economy contracted in the latest quarter, signaling that like Europe it may already be in recession, further weighing down world growth.

Business • 12 Nov 12

Deflation