UK Inflation Slowing, Albeit Not Enough
Statistics Finland: Inflation rate slows in MayThe prices of food and non-alcoholic beverages increased the most last month, according to the Harmonised Index of Consumer Prices published by Statistics Finland on Thursday.
French Inflation Slows More Than Expected to Weakest in YearFrench inflation eased more than anticipated, reaching its lowest level in a year in a boost to those at the European Central Bank who say interest-rate increases can soon end.
Slow productivity growth risks inflation outlook: RBAThe head of the Reserve Bank has issued a warning about weak productivity growth as it continues its fight against high inflation with interest rate hikes. Philip Lowe told a parliamentary committee that wages growth, in isolation, was not the problem. “Nominal wage growth has not been a source of inflation, I want to make it […]