Author: Ed Frankl

Inflation rose for a fourth straight month as energy costs continued to rise, reinforcing expectations that the ECB could hike its key interest rate again after holding it last week.

France’s economy contracted in the third quarter of the year, deepening concerns over the government’s debt load amid enduring political paralysis.

At least 68 people were killed when two trains collided south of Madrid.

Investor sentiment slipped in October for the first time since April, as high energy prices driven by the war in the Middle East continued to squeeze households and business.

Wage growth rose a little in the three months through August, with unemployment also falling, raising the likelihood that the Bank of England will raise its key rate next month.

Industrial production recovered unexpectedly sharply as manufacturing firms continued to respond to the changeable environment caused by volatile energy prices.

Enduring energy-price pressures could push European Central Bank policymakers to raise interest rates again next month.

Spanish inflation rose for an eighth month in a row in September, climbing to its highest point since February 2023.

Consumer confidence in Germany dropped unexpectedly sharply, dragged down by rising energy prices as tensions escalated in the Middle East.

The U.K. central bank is monitoring for signs that higher energy costs are spilling over into everyday prices.

The central bank left its key interest rate unchanged after a series of 10 cuts as Ukraine’s drone strikes threaten to push inflation even higher.

Output fell 1.1% on month after a flat reading in June, the country’s statistics agency Destatis said Monday.