Canada's annual inflation rises to 2.4% due to Iran war Canada's annual inflation rate rose to 2.4% in March, with prices jumping 0.9% on the month, as higher crude oil costs drove up gasoline prices, data showed today. Business • 20 Apr
Canada's annual inflation rises to 2.4% due to Iran war Canada's annual inflation rate rose to 2.4% in March, with prices jumping 0.9% on the month, as higher crude oil costs drove up gasoline prices, data showed today. Business • 20 Apr
Take 5 - Warsh, war and worsening conditions? Financial markets are in a buoyant mood as US President Donald Trump signals confidence that the war in Iran will end soon, with talks probably on the cards again this weekend. Business • 17 Apr
Take 5 - Warsh, war and worsening conditions? Financial markets are in a buoyant mood as US President Donald Trump signals confidence that the war in Iran will end soon, with talks probably on the cards again this weekend. Business • 17 Apr
Euro zone inflation in March revised up to 2.6% - data Euro zone inflation leapt to 2.6% in March on the back of surging energy prices caused by the war in the Middle East, revised figures from the EU's statistics agency showed today. Business • 16 Apr
Euro zone inflation in March revised up to 2.6% - data Euro zone inflation leapt to 2.6% in March on the back of surging energy prices caused by the war in the Middle East, revised figures from the EU's statistics agency showed today. Business • 16 Apr
Geopolitical volatility the top concern for small firms Geopolitical volatility is now the top concern for most small firms, according to Azets Ireland. Business • 10 Apr
Geopolitical volatility the top concern for small firms Geopolitical volatility is now the top concern for most small firms, according to Azets Ireland. Business • 10 Apr
Home heating oil jumps 67%, as March inflation hits 3.6% The average price of home heating oil rocketed by 67.5% between February and March of this year, according to new figures from the Central Statistics Office. Business • 09 Apr
Home heating oil jumps 67%, as March inflation hits 3.6% The average price of home heating oil rocketed by 67.5% between February and March of this year, according to new figures from the Central Statistics Office. Business • 09 Apr
Fed minutes show growing openness to rate hikes A growing group of Federal Reserve policymakers felt last month that interest rate hikes might be needed to counter inflation that continued to exceed the Fed's 2% target, according to the minutes of their March 17-18 meeting. Business • 09 Apr
Fed minutes show growing openness to rate hikes A growing group of Federal Reserve policymakers felt last month that interest rate hikes might be needed to counter inflation that continued to exceed the Fed's 2% target, according to the minutes of their March 17-18 meeting. Business • 09 Apr
Irish grocery sales rise by 5.2% in March New figures show that take-home grocery sales rose by 5.2% in the four weeks to March 22 compared with the same time last year. Business • 07 Apr
Irish grocery sales rise by 5.2% in March New figures show that take-home grocery sales rose by 5.2% in the four weeks to March 22 compared with the same time last year. Business • 07 Apr
Middle East war means 'all roads' lead to higher prices The war in the Middle East will lead to higher inflation and slower global growth, the head of the International Monetary Fund has told Reuters, ahead of a forecast for the world economy planned by the global lender for next week. Business • 07 Apr
Middle East war means 'all roads' lead to higher prices The war in the Middle East will lead to higher inflation and slower global growth, the head of the International Monetary Fund has told Reuters, ahead of a forecast for the world economy planned by the global lender for next week. Business • 07 Apr
High Five: How much prices have risen since 2021 Inflation is expected to pick up again this year, but the statistics mask the full effect that five years of consistent inflation has had on shoppers' bills, writes Adam Maguire. Business • 04 Apr
High Five: How much prices have risen since 2021 Inflation is expected to pick up again this year, but the statistics mask the full effect that five years of consistent inflation has had on shoppers' bills, writes Adam Maguire. Business • 04 Apr
Most central banks on hold over war uncertainty Major central banks pointed to uncertainty linked to the war in the Middle East as they largely kept interest rates steady in March, with concerns over higher inflation and weaker growth clouding the global economic outlook. Business • 02 Apr
Most central banks on hold over war uncertainty Major central banks pointed to uncertainty linked to the war in the Middle East as they largely kept interest rates steady in March, with concerns over higher inflation and weaker growth clouding the global economic outlook. Business • 02 Apr
Euro zone inflation surges past ECB target on oil shock Euro zone inflation soared past the European Central Bank's 2% target this month due to surging oil and gas prices, heightening a policy dilemma as expensive energy is a drag on growth but also risks generating a self-reinforcing inflation spiral. Business • 31 Mar
Euro zone inflation surges past ECB target on oil shock Euro zone inflation soared past the European Central Bank's 2% target this month due to surging oil and gas prices, heightening a policy dilemma as expensive energy is a drag on growth but also risks generating a self-reinforcing inflation spiral. Business • 31 Mar
Mideast war could spark financial system stress - ECB The Middle East war is a threat to financial stability, a senior European Central Bank official said today, warning that it could spark "systemic stress" in the markets. Business • 26 Mar
Mideast war could spark financial system stress - ECB The Middle East war is a threat to financial stability, a senior European Central Bank official said today, warning that it could spark "systemic stress" in the markets. Business • 26 Mar
Iran war erases global growth upgrade, OECD says The escalating conflict in the Middle East has knocked the global economy off a stronger growth path, the OECD warned today, as a near-halt in energy shipments through the Strait of Hormuz threatens to push inflation sharply higher. Business • 26 Mar
Iran war erases global growth upgrade, OECD says The escalating conflict in the Middle East has knocked the global economy off a stronger growth path, the OECD warned today, as a near-halt in energy shipments through the Strait of Hormuz threatens to push inflation sharply higher. Business • 26 Mar
ECB may need to act on 'not-too-persistent' inflation Even a "not-too-persistent" overshoot of the European Central Bank's inflation target from the current energy shock may warrant some moderate policy tightening, ECB President Christine Lagarde said today. Business • 25 Mar
ECB may need to act on 'not-too-persistent' inflation Even a "not-too-persistent" overshoot of the European Central Bank's inflation target from the current energy shock may warrant some moderate policy tightening, ECB President Christine Lagarde said today. Business • 25 Mar
Australia's inflation slows slightly ahead of war shock Australian consumer prices were flat in February as prices for domestic holidays and petrol dipped, while core inflation came in a little slower than forecast, though a war-driven spike in oil prices has since magnified inflationary risks. Business • 25 Mar
Australia's inflation slows slightly ahead of war shock Australian consumer prices were flat in February as prices for domestic holidays and petrol dipped, while core inflation came in a little slower than forecast, though a war-driven spike in oil prices has since magnified inflationary risks. Business • 25 Mar
ECB will act if inflation at risk of getting entrenched The European Central Bank will not hesitate to tighten policy if the coming energy-driven inflation surge looks like becoming entrenched, keeping price growth elevated for an extended period, ECB policymaker Peter Kazimir said today. Business • 23 Mar
ECB will act if inflation at risk of getting entrenched The European Central Bank will not hesitate to tighten policy if the coming energy-driven inflation surge looks like becoming entrenched, keeping price growth elevated for an extended period, ECB policymaker Peter Kazimir said today. Business • 23 Mar
Bank of Ireland warns inflation could reach 4% The recent sharp rise in energy prices is likely to push the rate of inflation this month to between 3.5% and 4% - up from 2.7% in February, according to Bank of Ireland. Ireland • 23 Mar
Bank of Ireland warns inflation could reach 4% The recent sharp rise in energy prices is likely to push the rate of inflation this month to between 3.5% and 4% - up from 2.7% in February, according to Bank of Ireland. Ireland • 23 Mar
Big central banks keep options open amid war fears Nearly all major developed market central banks kept rates unchanged this week, but emphasised their readiness to act to curb inflation should the energy shock caused by the US-Israeli strikes on Iran drive a broader surge in prices. Business • 20 Mar
Big central banks keep options open amid war fears Nearly all major developed market central banks kept rates unchanged this week, but emphasised their readiness to act to curb inflation should the energy shock caused by the US-Israeli strikes on Iran drive a broader surge in prices. Business • 20 Mar
ECB keeps rates on hold as Iran war clouds outlook The European Central Bank kept its key interest rate at 2% today and warned that the war in Iran was clouding the outlook for growth and inflation in the euro zone. Business • 19 Mar
ECB keeps rates on hold as Iran war clouds outlook The European Central Bank kept its key interest rate at 2% today and warned that the war in Iran was clouding the outlook for growth and inflation in the euro zone. Business • 19 Mar
Early days, but inflation is biggest risk - Deloitte It has been a tumultuous few weeks for the US economy and the Federal Reserve will announce its March interest rate decision later this evening. Business • 18 Mar
Early days, but inflation is biggest risk - Deloitte It has been a tumultuous few weeks for the US economy and the Federal Reserve will announce its March interest rate decision later this evening. Business • 18 Mar
Canada's annual inflation rate eases to 1.8% Canada's annual inflation rate fell to 1.8% in February, driven by base year effect as prices in the same period a year ago had risen sharply after the government's sales tax relief ended, Statistics Canada said today. Business • 16 Mar
Canada's annual inflation rate eases to 1.8% Canada's annual inflation rate fell to 1.8% in February, driven by base year effect as prices in the same period a year ago had risen sharply after the government's sales tax relief ended, Statistics Canada said today. Business • 16 Mar
Annual inflation steady at 2.7% in February - CSO New figures from the Central Statistics Office show that the annual rate of inflation was unchanged at 2.7% in February from the previous month. Business • 12 Mar
Annual inflation steady at 2.7% in February - CSO New figures from the Central Statistics Office show that the annual rate of inflation was unchanged at 2.7% in February from the previous month. Business • 12 Mar
China consumer prices see quickest jump in three years China's consumer prices rose last month at the quickest pace in three years, official data showed today, thanks to the Lunar New Year break and a rally in oil prices and Middle East tensions rose. Business • 09 Mar
China consumer prices see quickest jump in three years China's consumer prices rose last month at the quickest pace in three years, official data showed today, thanks to the Lunar New Year break and a rally in oil prices and Middle East tensions rose. Business • 09 Mar
Euro zone inflation rises before likely oil price hit Euro zone inflation rose more than expected last month but remained below the European Central Bank's 2% target, fresh data showed today, before a likely hit from surging oil and gas prices. Business • 03 Mar
Euro zone inflation rises before likely oil price hit Euro zone inflation rose more than expected last month but remained below the European Central Bank's 2% target, fresh data showed today, before a likely hit from surging oil and gas prices. Business • 03 Mar
Turkey inflation rose slightly to 31.5% in February Turkey's annual inflation rate rose slightly in February to a huge 31.5%, up from 30.7% in January after several consecutive months of falling, official figures showed today. Business • 03 Mar
Turkey inflation rose slightly to 31.5% in February Turkey's annual inflation rate rose slightly in February to a huge 31.5%, up from 30.7% in January after several consecutive months of falling, official figures showed today. Business • 03 Mar
