Economy
Euro-area inflation rises to 3.2% in August as energy prices accelerate
The annual rate increased from 2.9% in July, with services and energy making the largest contributions.
Article subject labels can be suggestions and are not editorial confirmation.
Related subjects
Business
Euro area industrial production falls 0.1% in July
Eurostat’s first estimates show a 0.3% monthly decline across the EU.
Economy
Euro area goods trade records a EUR 14.2 billion July surplus
Eurostat’s first estimates put exports at EUR 276.0 billion and imports at EUR 261.8 billion.
Economy
Euro area economy grows 0.6% in the second quarter
Eurostat estimates quarterly growth of 0.7% across the EU.
Economy
Euro area industrial producer prices rise 1.6% in July
Eurostat’s first estimates show energy prices rising by 5.6% month-on-month.
Economy
Euro area house prices rise 4% annually in the second quarter
The EU recorded a 4.7% annual increase and a 1.2% quarterly rise.
Economy
OECD projects global growth of 2.9% in 2026 and 3% in 2027
Energy-shock and uncertainty risks persist, with separate forecasts for the United States, euro area and China.
Economy
OECD: G20 economies grew 0.7% in the second quarter
Aggregate growth slowed from the previous quarter, while country-level results varied.
Finance
Bank of England holds rate at 3.75% in a 6–3 vote
Three members wanted an increase as the bank highlighted energy’s contribution to August inflation.
Finance
Fed raises federal funds target range to 3.75–4%
The 16 September decision was unanimous as the FOMC described solid activity and elevated inflation.
Finance
ECB raises three key rates by 25 basis points and lifts inflation projections
The deposit rate moves to 2.50%; new projections put 2027 inflation at 2.5% and growth at 1.4%.
Finance
TCMB announces changes to lira liquidity facilities
Weekly repo funding and banks’ borrowing limits are covered by the central bank’s announcement.