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China's consumer price index - a key measure of inflation - was down 0.7% year-on-year in February, new figures show

China consumption slump deepens as February prices drop

Consumer prices in China fell last month for the first time in a year, with authorities in the world's second-largest economy struggling to kickstart spending and trade headwinds intensifying as US tariffs kick in under Donald Trump.

Business • 10 Mar

President of the European Central Bank Christine Lagarde

ECB cuts interest rates for sixth time since mid-2024

The European Central Bank has cut interest rates as expected and kept the door ajar to more.

Business • 07 Mar

Turkey's Central Bank cuts its key interest rate again as inflation falls

Turkish central bank cuts rates to 42.5% as expected

Turkey's central bank cut its key interest rate by 250 basis points to 42.5% today, in line with expectations, sustaining an easing cycle that it launched in December as inflation continues to fall.

Business • 06 Mar

Euro zone inflation edged down slightly in February to 2.4% from 2.5% in January

Euro zone inflation ticks lower in boost to ECB cut bets

Euro zone inflation dipped a bit less than expected last month but its most closely watched component also dropped, sealing the case for another ECB interest rate cut today and solidifying bets for further policy easing in the coming months.

Business • 03 Mar

Traders anticipate around a 70% chance of an April interest rate cut by the European Central Bank

Tougher calls ahead - 5 questions for the ECB

The European Central Bank is set to cut rates again on Thursday, but investors have not been this unsure in a while on what comes next.

Business • 03 Mar

Consumer prices in Turkey rose by 39.05% last month, down from 42.1% in January, new figures show today

Turkish annual inflation falls below 40%

Turkey's annual inflation rate slowed for a ninth consecutive month in February, falling below 40% for the first time since June 2023, official data showed today.

Business • 03 Mar

The CSO's flash estimate of the Harmonised Index of Consumer Prices shows that consumer prices rose by 1.3% year-on-year in February compared to a 1.5% rise in January

Inflation at 1.3% in February, CSO flash estimate shows

Consumer prices rose by 1.3% year-on-year in February compared to a 1.5% rise a month earlier, a flash estimate of the Harmonised Index of Consumer Prices from the Central Statistisc Office show.

Business • 28 Feb

Inflation eased in four sizeable German states in February, new figures show

German state inflation eases in February

Inflation eased in four sizeable German states in February, preliminary data showed today, suggesting Germany's national inflation rate could also slow down this month, in line with analysts' forecasts.

Business • 28 Feb

The ECB cut rates for the fifth time since June last month and hinted at even more policy easing

ECB accounts show lingering inflation worries

Euro zone inflation was heading back to target but there were still some worries about inflation, warranting caution in signalling further policy easing, the ECB concluded last month, according to the accounts of their January 29-30 meeting.

Business • 27 Feb

The ECB has reduced interest rates five times since last June

ECB rates no longer a material drag on growth - Schnabel

The European Central Bank interest rate that neither slows nor spurs growth has climbed in the past two years, and it is no longer clear the current 2.75% rate is still holding back the euro zone economy, ECB board member Isabel Schnabel said.

Business • 25 Feb

The price of cabbage in Japan almost tripled in January as last year's record summer heat and heavy rain ruined crops

Japan's core inflation rate hits 19-month high

Japanese inflation accelerated in January, further pressuring households as prices excluding fresh food rose 3.2% on-year, government data showed today.

Business • 21 Feb

The price of two litres of full fat milk is up 18c while the price of a pound of butter is up 55 cent

Price of milk, butter and potatoes up in last 12 months

The price of household staples such as millk, butter and potatoes have risen in the last 12 months, new figures from the Central Statistics Office show.

Business • 20 Feb

The US Federal Reserve kept its benchmark interest rate in the current 4.25%-4.5% range at its meeting last month

Impact of Trump policies stirring Fed inflation concerns

President Donald Trump's initial policy proposals have raised concern at the Federal Reserve about higher inflation, with firms telling the Fed they generally expected to raise prices to pass along the cost of import tariffs.

Business • 20 Feb

ECB getting closer to rate cut pause, Schnabel says

The European Central Bank is getting closer to a pause in interest cuts since it is no longer clear that policy remains restrictive and energy price surges raise inflation risks, ECB board member Isabel Schnabel has said.

Business • 19 Feb

British inflation sped up to an annual rate of 3% in January from 2.5% in December

UK inflation increases to 3% in January - ONS

British inflation sped up by more than expected to hit a 10-month high of 3.0% in January and is likely to rise further soon, testing the Bank of England's confidence that price pressures will ease over the longer term.

Business • 19 Feb

Reserve Bank of Australia Governor Michele Bullock

Australia cuts rates for first time since 2020

Australia's central bank cut its key interest rate today for the first time in more than four years, but warned global turmoil could derail further easing.

Business • 18 Feb

The US consumer price index jumped 0.5% last month after gaining 0.4% in December, new figures show today

US consumer prices increase more than expected in January

US consumer prices increased more than expected in January, reinforcing the Federal Reserve's message that it was in no rush to resume cutting interest rates amid growing uncertainty over the economy.

Business • 12 Feb

US Federal Reserve Board Chairman Jerome Powell testifies in front of a Senate Banking Committee in Washington

Fed's Powell, quizzed about trade, Musk, and bank safety

US Federal Reserve Chair Jerome Powell, in his first appearance before Congress since the inauguration, yesterday vouched for the strength of the economy President Donald Trump inherited.

Business • 12 Feb

China's consumer price index (CPI), a key measure of inflation, rose 0.5% last month, up from a 0.1% rise in November

China inflation picks up after Lunar New Year spend boost

Inflation picked up in China last month, official figures showed over the weekend, as the Lunar New Year holiday boosted January spending.

Business • 10 Feb

The Reserve Bank of India said the benchmark repo rate, the level at which it lends to commercial banks, would be reduced by 25 basis points to 6.25%

India's central bank delivers first rate cut since 2020

India's central bank cut interest rates today for the first time in nearly five years, as concerns over a growth slowdown in the world's fifth largest economy outweighed inflation risks.

Business • 07 Feb

The report indicates some variation across the regions over the last six months.

Commercial construction inflation stabilising

A new report reveals that commercial construction costs continue to rise, but the rate of increase has remained stable over the last 18 months.

Business • 06 Feb

The Bank of England has today lowered interest rates by a quarter of a percentage point to 4.5%

Bank of England cuts interest rates to 4.5%

The Bank of England has today lowered interest rates by a quarter of a percentage point, judging a sharp upward revision to its inflation forecasts for this year will prove temporary.

Business • 06 Feb

ECB board member Piero Cipollone has warned the US administration's trade war with China could have a detrimental impact on the euro zone

Europe could be a big loser in US-China trade war - ECB

European Central Bank interest rates have room to fall further as inflation moderates, ECB board member Piero Cipollone said, warning that the US administration's trade war with China could have a detrimental impact on the 20-member euro zone.

Business • 06 Feb

Euro zone inflation reached its lowest level in three and a half years in September, at 1.7%, but has since climbed back up above the 2% target set by the ECB

Euro zone inflation edges up in January to 2.5%

Euro zone inflation ticked up slightly in January to 2.5%, edging higher for a fourth consecutive month driven by energy price increases, official data shows.

Business • 04 Feb

Central Bank governor Gabriel Makhlouf said the ECB would approach further rate cuts on a 'meeting by meeting' basis

Central Bank governor warns of risks to economic growth

The Governor of the Central Bank of Ireland has warned that the risks to economic growth among countries which use the euro are "firmly to the downside".

Business • 31 Jan