Italy’s EU-harmonised consumer prices rose 2.0% month-on-month in September, pushing annual inflation to 4.1%, up sharply from 3.2% in August. The increase was driven largely by soaring energy costs linked to turmoil in the Middle East. The latest figure was above the 3.8% median forecast from a Reuters poll of 17 analysts and marked Italy’s […]
Inflation increased across four major German states in July, according to preliminary figures, signalling that the country’s national inflation rate is also likely to rise. Bavaria, North Rhine-Westphalia, Baden-Wuerttemberg and Lower Saxony all reported higher inflation compared with June, reflecting continued price pressures. The German government expects inflation

