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Browsing: Business
– UK inflation reached its highest point since March in July, primarily influenced by rising household energy costs. The Consumer Prices Index climbed by 2.9% compared to the previous year, up from 2.6% in June. This marked the first increase
– European Union saw a decline in new business registrations during the second quarter of 2026, while bankruptcy filings surged sharply, according to Eurostat data released on Monday. The number of new business registrations decreased by 0.5% from the first
– In Brussels, on June 3, the European Commission announced new guidance allowing EU member states to pursue additional fiscal leeway for energy security investments through 2028. This initiative extends a previously established national escape clause—originally employed for increased defence
– In global markets on Friday, precious metals experienced a downward trend, with spot gold prices dipping and setting the stage for a weekly decrease. Market data indicated that spot gold fell by 0.5 percent to trade at $4,326.75 per
In Italy, the annual rate of consumer inflation slightly decreased to 2.9 percent in July 2026, down from 3.0 percent in June, based on the final data published by the national statistics agency Istat. This confirmed figure was revised upward
– In Spain, the official final data for July show that the annual consumer price inflation increased to 3.6%, up from 3.2% in June. This figure exceeded the initial flash estimate of 3.5% released on July 30. Consumer prices saw
– In June 2026, industrial production within the euro area remained flat compared to May, according to Eurostat. Meanwhile, across the European Union, output increased by 0.2%. The reported figures are seasonally adjusted and follow a 0.3% monthly growth in
– In Italy, the annual consumer price growth slowed to 2.9% in July 2026, down from 3.0% in June. According to final national figures released on Aug. 12, consumer prices increased by 0.3% compared to June. Earlier, at the end
– In Denmark, July saw a slowdown in the annual consumer price inflation, which declined to 1.7% from 1.9% in June, according to Statistics Denmark. Consumer prices increased by 1.3% compared to June, largely driven by notable seasonal rises across
– In Sweden, official figures revealed that industrial production in June decreased by 1.5% compared to the same month last year. Additionally, seasonally adjusted data showed a 0.4% drop from May, indicating a weaker month for the nation’s manufacturing sector.
