While you were sleeping Eurozone inflation slows, jobless rate rises

Thu, 31 Oct 2013

Nov. 1 (BusinessDesk) – The euro weakened against most of its peers, falling to a two-week low against the greenback after inflation slowed more than expected and unemployment in the eurozone rose to a record. The weak data added to speculation the European Central Bank will lower its key interest rate from a record low 0.5 percent to underpin economic growth in the region. Annual inflation slowed to 0.7 percent in October, the lowest rate since November 2009. The pace was expected to remain unchanged at September’s 1.1 percent rate, accordi...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Policy
Political donations over $5k to require declaration
Staff reporters | Mon, 27 Jun 2022

The changes require disclosure of donor identities for any party donations over $5,000 versus the current $15,000. 

Law & Regulation
Public class action fund needed: Law Com
Victoria Young | Mon, 27 Jun 2022

The Law Commission has finalised its report into class actions and litigation funding.

The Economist
House prices braced for a storm
The Economist | Mon, 27 Jun 2022

The pain of rising mortgage repayments will be harder to bear in some places than in others, for example, in NZ and Australia.  

Sponsored
Investments to sustain the momentum of building in NZ

Classic Capital has opened its Land & Build fund to qualified wholesale and eligible investors.

Sponsored
High water marks: Watercare raises the tide on sustainability

The No.1 barrier to decarbonisation for NZ organisations is accurate measurement, says Microsoft’s Accelerating the Journey to Net Zero report.