Browsing: Business

– UK inflation increased to its highest level since March in July, mainly driven by higher household energy costs. The Consumer Prices Index went up 2.9% compared to the previous year, rising from 2.6% in June. This marked the first

– European Union business registrations declined in the second quarter of 2026, while bankruptcies surged sharply. Seasonally adjusted data show new business registrations decreased by 0.5% from the first quarter. Meanwhile, bankruptcy filings rose by 5.7% during the same period,

– The European Commission has issued guidance allowing EU nations to access extra fiscal flexibility for energy security investments through 2028. This measure extends an existing national escape clause, previously used for increased defence spending, to specific energy-related expenditures funded

– Global markets for precious metals declined on Friday, with spot gold prices dropping and setting the stage for a weekly fall. Data showed that spot gold declined 0.5 percent to trade at $4,326.75 per ounce. Meanwhile, United States gold

Italy’s yearly consumer inflation rate eased to 2.9 percent in July 2026, a slight decline from 3.0 percent in June, based on finalized data from the national statistics agency Istat. This figure was revised upward from an earlier preliminary flash

– Official data confirms that Spain’s annual inflation rate climbed to 3.6% in July from 3.2% in June. This final figure exceeds the initial flash estimate of 3.5% issued on July 30. Consumer prices rose by 0.3% compared to June,

– Eurostat’s latest report shows that industrial activity in the euro area remained flat in June 2026 compared to May. Meanwhile, the overall production across the European Union increased by 0.2%. These figures are seasonally adjusted and follow a 0.3%

– Italy’s annual consumer inflation slowed to 2.9% in July 2026, down from 3.0% in June. The final national data released on Aug. 12 showed consumer prices increased by 0.3% from June. Earlier, at the end of July, preliminary data

– According to Statistics Denmark, Denmark’s annual inflation rate decreased to 1.7% in July from 1.9% in June. Consumer prices increased by 1.3% compared to June, mainly due to sharp seasonal rises in several travel-related categories. The core inflation rate

– Sweden’s industrial output declined by 1.5% in June compared to the same month last year, according to official statistics. After seasonal adjustments, production also dropped by 0.4% from May, indicating a weaker month for the nation’s industry sector. Statistics