Browsing: Business

– UK inflation increased to its highest level since March during July, largely due to escalating household energy costs. The Consumer Prices Index went up by 2.9% compared to the same period last year, up from 2.6% in June. This

– European Union business registrations experienced a decline during the second quarter of 2026, while bankruptcy filings surged sharply. On a seasonally adjusted basis, new business registrations decreased by 0.5% compared to the first quarter. During the same period, bankruptcy

– The European Commission has provided new guidance allowing EU member states to pursue additional fiscal flexibility for energy security expenditures until 2028. This initiative extends an existing national escape clause, initially utilized for increased defence spending, to encompass specific

– Global markets for precious metals experienced a decline on Friday, with spot gold prices easing and setting the stage for a weekly downturn. According to financial data, spot gold fell by 0.5 percent to trade at $4,326.75 per ounce.

The annual consumer inflation rate in Italy decelerated modestly to 2.9 percent in July 2026, compared to 3.0 percent in June, according to finalized figures published by the national statistics agency Istat. This confirmed the preliminary flash estimate of 2.8

– According to final official data, Spain’s annual inflation rate for consumer prices increased to 3.6% in July, up from 3.2% in June. This figure exceeded the initial flash estimate of 3.5% released on July 30. Prices for consumers rose

– According to Eurostat, industrial activity in the euro area remained flat in June 2026 compared to May. Meanwhile, the broader European Union experienced a 0.2% rise in output. These figures were seasonally adjusted and follow a 0.3% monthly increase

– Italy’s annual consumer inflation rate decreased to 2.9% in July 2026, down from 3.0% in June. The definitive national figures released on Aug. 12 indicated that consumer prices increased by 0.3% compared to June. Initial data at the end

– According to Statistics Denmark, the country’s annual inflation rate dropped to 1.7% in July from 1.9% in June. Consumer prices increased by 1.3% compared to June, driven largely by sharp seasonal rises in various travel-related sectors. Meanwhile, core inflation

– Official data indicated that Sweden’s industrial production contracted by 1.5% in June compared to the same month last year. Additionally, after seasonal adjustment, output dipped by 0.4% from May, signifying a weaker month for the country’s manufacturing sector. Statistics