Latest News
- British schoolboy dies after drowning during snorkelling trip in Malawi
- Italian police raid luxury brands over alleged labour exploitation
- Arlington Bridge deconstruction begins, says Winnipeg mayor
- Iran targets US military bases in Gulf amid renewed tit-for-tat strikes
- Tillis will not support Blanche’s nomination without meeting Epstein survivors
- Seven drones reported over Gösgen nuclear power plant in Switzerland
- Hezbollah video linked to Russia’s Storm-1516 disinformation campaign
- Canadian Wildfire Smoke Spreads Across Northeast and Great Lakes Regions
Business Briefing
In January 2026, annual inflation in the euro area decreased to 1.7%, down from 2.0% in December 2025, a notable shift that hints at easing cost pressures within households. However, beneath the headline figures, a diverse inflation landscape emerges; for instance, Romania and Slovakia reported significantly higher rates at 8.5% and 4.3%, respectively. This disparity signals potential challenges in achieving cohesive monetary stability across the bloc, as elevated inflation in certain member states could affect overall policy effectiveness. As the euro area adapts to these variances, the broader implications for economic cohesion in the region warrant careful observation.
This morning, Eurostat reported that annual inflation in the euro area is anticipated to decline to 1.7% in January 2026, down from 2.0% in December. Key components such as services and food show varied inflation rates compared to last month.
This morning, Eurostat released flash estimates indicating a 0.3% increase in GDP for both the euro area and the EU in Q4 2025. Year-on-year growth stands at 1.3% for the euro area and 1.5% for the EU. Employment rose by 0.2% in the same quarter.
This is a breaking news story, stay with us for more updates shortly…
CITY AM SAYS Inflation is expected to continue its descent when new figures are released on Wednesday, amid growing fears that the conflict in the Middle East could spark a resurgence in inflation.
About 1m American manufacturing workers lost their jobs to Chinese competition in 1997-2011, as the country integrated into the global trading system and began shipping cheap goods overseas.
The Financial Times says the government tried to block Fujitsu, the firm implicated in the Post Office scandal, from new public contracts in the early 2010s.
Experts have shared how parents can save money and have some left for fun activities.
Bungalows are back baby…
© 2026 WTX News.