Wednesday

28th Jun 2017

Ticker

Euro area annual inflation unchanged at 0.2% in August

Eurozone annual inflation is expected to be 0.2 percent in August 2016, according to a flash estimate from Eurostat, the EU's statistical office. The rate is the same as in July. The core inflation (stripped from volatile commodities, like food), also remained unchanged at 0.8 percent. The data could strengthen speculation that the European Central Bank (ECB) might decide on more stimulus next week to kickstart the eurozone economy.

EU fines Google €2.4 bn over online shopping

Brussels says Google has abused a near-monopoly position in online searches to favour its shopping service, but the US company said Brussels cannot prove the charges.

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