Eurozone inflation accelerated in April, as initially estimated, driven by higher energy prices, final data from Eurostat showed Wednesday.The harmonized index of consumer prices posted an annual increase of 3.0 percent in April, up from 2.6 percent in March. The rate matched the estimate published on April 30.Meanwhile, core inflation that excludes prices of energy, food, alcohol and tobacco, sof...
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.