OECD Energy Inflation Climbs to 13.6% in August 2026 as Prices Rise Across Member Countries
Energy price inflation accelerated across the Organisation for Economic Co-operation and Development (OECD) in August 2026, reaching 13.6% compared with...
Energy Prices
Middle East Oil Exports Recover, but US–Iran Conflict Continues to Threaten Energy Security
The recovery of oil shipments from the Middle East is offering some relief to international energy markets, but persistent maritime...
OECD Data Shows Inflation Trends Remain Uneven Across Major Economies
New consumer price data released by the Organisation for Economic Co-operation and Development is providing fresh insight into how inflation...
Global Commodity Prices Accelerate Sharply in August, UNCTAD Data Shows
Geneva: Global commodity prices accelerated sharply in August 2026, with the United Nations Trade and Development's latest data showing a...
UN Data Warns Global Growth Remains Weak as Energy Shock Fuels Inflation Risks
New York: The global economy is facing renewed pressure from geopolitical tensions, higher energy costs and persistent uncertainty, with the...
UN Women Warns Middle East Shipping Disruptions Could Worsen Food Security for Women and Girls
Geneva: UN Women has warned that disruptions to shipping through the Strait of Hormuz and wider Middle East tensions could...
Oil Prices and Rising Bond Yields Put Fresh Pressure on Global Markets
New York: Global financial markets faced renewed pressure as rising crude oil prices and higher government bond yields increased concerns...
German Consumer Confidence Weakens as Energy Costs Put Pressure on Households
BERLIN: Consumer confidence in Germany has weakened as rising energy costs add pressure to household finances and create fresh concerns...
UN Projects Global Economy to Grow 2.6% in 2026 Amid Rising Risks
The global economy is expected to expand by 2.6% in 2026, according to the latest United Nations economic assessment, as...
Oil Prices Ease After Recent Surge as Markets Monitor Middle East Risks
Crude oil prices moved lower after a sharp recent increase, with traders reassessing the balance between supply concerns, geopolitical risks...
Global Economy Faces New Energy and Interest-Rate Pressures
The global economy is entering a period of increased uncertainty as higher energy costs, elevated government bond yields and changing...
Asian Development Outlook September Update: Asia’s Economic Outlook in Focus
The Asian Development Bank’s Asian Development Outlook (ADO) 2026 continues to provide a detailed assessment of economic conditions across Asia...
OECD Inflation Remains Broadly Stable as Energy Prices Stay Elevated
Paris: Inflation across the Organisation for Economic Co-operation and Development (OECD) remained broadly stable in July 2026, but persistent pressure...
ECB Official Urges Caution Over Expectations of More Interest Rate Hikes
Frankfurt: European Central Bank Vice President Boris Vujcic has cautioned financial markets against assuming that rising energy prices will automatically...
Croatia Moves to Protect Households and Businesses as Energy Prices Rise
Zagreb, September Croatia is preparing additional measures to protect households and businesses from elevated energy costs as international energy markets...
UK Faces Inflation Pressure as Bank of England Weighs Interest-Rate Decision
London, SeptemberThe United Kingdom is facing renewed inflation pressure as markets await the Bank of England's latest monetary-policy decision, with...
Croatia Approves €260 Million Package to Protect Households and Businesses From Energy Costs
Croatia has approved a new €260 million package of measures designed to protect households and businesses from the effects of...
Czech Prime Minister Calls for Fairer EU Budget and Stronger European Competitiveness
The Czech Republic is calling for a fairer and more balanced European Union budget as Central European leaders seek closer...
Türkiye: Central Bank Holds Interest Rate at 37% Amid Persistent Inflation Risks
Türkiye’s central bank has kept its benchmark one-week repo rate unchanged at 37%, maintaining the rate at its current level...
Ireland: Government Faces Growing Pressure Over Rising Energy Bills
Ireland is facing renewed pressure over household energy costs as major electricity suppliers prepare to increase prices, adding to concerns...
South Africa: Higher Energy Costs Put Pressure on the Economy
South Africa’s economy is facing fresh pressure from the surge in global energy prices linked to the escalating Middle East...
France: Economic Growth Forecast Cut Sharply as Inflation and Unemployment Risks Rise
France’s economic outlook has weakened significantly, with the country’s national statistics office INSEE cutting its forecast for 2026 economic growth...
Portugal’s Food Basket Becomes More Expensive Again as Fuel Costs Rise
LISBON — Portugal’s food basket is becoming more expensive again as higher fuel costs add pressure to household budgets, according...
Czech Prime Minister Babiš Heads to Bratislava for V4–Ireland Summit
PRAGUE — Czech Prime Minister Andrej Babiš is travelling to Bratislava on September 10, 2026, for a meeting with the...
Japan Warns of Faster Rate Hikes as Inflation Pressures Intensify
TOKYO — Japan may need to accelerate interest-rate increases if inflationary pressures continue to build, a senior Bank of Japan...
NEW DELHI — India’s currency market is facing renewed pressure as elevated crude oil prices increase concerns over the country’s import bill and external financial position.
The rupee has come under strain as international oil prices remain above the $100-a-barrel mark. Because India imports a substantial...
Slovakia Unveils New Measures to Strengthen National Energy Security
BRATISLAVA — Slovakia has announced a new set of measures aimed at strengthening national energy security and protecting households and...
Slovenia Moves to Cut Heating-Fuel Tax as Energy Costs Remain High
LJUBLJANA — Slovenia’s government has approved proposed changes to its excise-duty rules that could significantly reduce taxes on heating oil...
Denmark’s Economy Remains Strong Despite Global Uncertainty, Government Forecast Shows
Denmark’s economy is maintaining strong momentum despite geopolitical tensions, higher energy costs and uncertainty in global trade, according to the...
Austria Faces Fresh Debate Over Rising Cost of Living
Date: September 4, 2026Country: AustriaCategory: Austria News / Economy Inflation and Household Expenses Remain Key Concern for Austrian Families Global...
Israel Cuts Interest Rate to 3.25% as Inflation Moderates
Israel's central bank has reduced its benchmark interest rate to 3.25%, citing moderating inflation and the continued recovery of economic...
Germany Moves to Make Offshore Wind Power More Affordable
Germany is taking a new step to expand offshore wind energy while keeping the cost of future projects under greater...
Slovakia Strengthens Energy Security as Government Pushes for More Stable Power Supplies
Slovakia is putting energy security and reliable supplies at the centre of its economic policy as the government works to...
Croatia Inflation Rises to 4.1% as Energy Costs Drive August Price Growth
Croatia's annual inflation rate increased to 4.1% in August 2026, according to preliminary figures released by the country's statistics office,...
IMF Warns Global Economy Faces Uneven Growth as War and AI Reshape Outlook
IMF Washington,The International Monetary Fund (IMF) says the global economy has remained more resilient than expected despite major geopolitical and...
World Bank Data Shows Mixed Commodity Price Movements in July
August 21, 2026 Global commodity markets recorded sharply different price movements in July, with beverage prices posting a strong increase...
Global Commodity Markets Show Sharp Divergence in July as Beverage Prices Surge and Precious Metals Retreat
Commodity Global commodity markets delivered a mixed performance in July, with prices moving sharply in different directions across energy, agriculture,...
IMF Keeps Global Growth Outlook at 3% as War Risks and AI Boom Pull Economy in Opposite Directions
The global economy is showing greater resilience than many expected despite geopolitical tensions, energy disruptions and uncertainty surrounding international trade....
