The euro area annual consumer inflation rate for December was confirmed at 2.4%, its highest level since July, according to a second reading released Friday. Headline inflation accelerated from 2.2% in November, Eurostat data showed.

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Eurozone inflation fell to 2.4% in December 2024, but ECB chief economist Philip Lane cautions that services inflation and uneven growth persist. A "middle path" on interest rates and structural reforms is crucial for stability.

Latest job market data from the ONS shows that wages grew faster than inflation from September to November, but also reveal a worrying rise in unemployment rates

European shares traded higher on Thursday as benign U.S. inflation readings kept the door open for potential rate cuts by the Federal

The inflation rate in the Euro Area increased to 2.40% in December from 2.20% in November, matching consensus. The Consumer Price Index rose 0.40% in December over the previous month. The annual ...

European stocks are heading for a broadly positive open on Thursday as global markets focus on the inflation outlook. The U.K.'s FTSE 100 index is expected to open 13 points higher at 8,256, Germany's DAX up 44 points at 20,361, France's CAC up 8 points at 7,454 and Italy's FTSE MIB up 2 points at 35,210, according to data from IG.

Increasing transport prices boosted Spain’s December inflation number, with rising culture and recreation prices also contributing to the figure.

The Office for National Statistics said cooling in the restaurants and hotels sectors contributed to the slowdown in price increases.

Inflation in the eurozone rose further above the European Central Bank’s target in the final month of 2024, although that is unlikely to dissuade policymakers from lowering borrowing costs again this month to support a faltering economy.

Inflation in Luxembourg in December stood at 1.6%, according to Eurostat, an increase of half a percentage point from the previous month

The European Commission greenlighted Hungary’s medium-term fiscal-structural plan on Thursday after Budapest provided the bloc’s executive with updated and previously missing data.