Mexican Media Brands
Eurozone Inflation Turns Slightly Positive
Inflation in the eurozone rose 0.1% in June from a negative 0.1% in May, according to Eurostat. The region’s statistical service says the turnaround was driven primarily by rising oil prices.
#economics
Share
Inflation in the eurozone rose 0.1% in June from a negative 0.1% in May, according to Eurostat. The region’s statistical service says the turnaround was driven primarily by rising oil prices.
The 17-nation eurozone’s economy expanded by 0.6% in January-March. But that, along with June’s growth, is well below the 2% increase regarded by the European Central Bank as necessary for a strong economy.
The ECB has been trying to stimulate economic growth by cutting its prime lending rate to zero and injecting €1.7 trillion ($1.9 trillion) into the region’s banking system.
RELATED CONTENT
-
on the Genesis GV60 interior, EV sales in H1, Bentley Bentayga's wood work, Faurecia's advanced manufacturing & more
The strange glowing orb in the Genesis GV60. . .global EV sales in the first half. . .creating wood for the Bentayga interior. . .the importance of material handling at Faurecia. . .lux ATPs. . .fast Porsche. . .fast Lambo. . .the Avalon Hybrid. . .Silverado steel. . .
-
On Quantum Navigation, EVs, Auto Industry Sales and more
Sandia’s quantum navi, three things about EVs, transporting iron ore in an EV during the winter, going underwater in an EV (OK, it is a sub), state of the UK auto industry (sad), why the Big Three likes Big Vehicles, and the future of logistics.
-
Ford’s $42 Billion Cash Cow
F-Series pickups generate about 30% of the carmaker’s revenue. The tally is about twice as much as what McDonald’s pulls in.