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...The average price of its cars rose from £177,000 to £188,000, helping revenues climb 18 per cent to £1.6bn, and pre-tax losses to narrow to £239.8mn last year compared with £495mn during 2022, Aston Martin...
...But prices surged in some countries, including Poland, Bulgaria, Croatia, Lithuania and Portugal, where they rose between 13 and almost 8 per cent....
...But we are walking on eggshells and must tread carefully. martin.wolf@ft.com Follow Martin Wolf with myFT and on Twitter...
...Goods prices rose 1.1 per cent, the slowest pace since 2021....
...Net debt rose to £814.3mn at the end of 2023, compared with £765.5mn at the start, and the electric vehicle will now launch in 2026, rather than next year, Aston Martin said....
...But with policymakers expected to cut rates as early as June, some banks have started lowering the cost of mortgages and other loans....
...Falling energy and food prices and slower goods inflation were offset by an acceleration in services prices....
...Since then, James Mackintosh (formerly of this parish) wrote to me to point out that poorer groups spend more of their money on food and rent, and their costs rose more than overall consumer prices....
...Even though business confidence for the year ahead rose to a 13-month high in the eurozone, analysts said the survey signalled the economy would still be plagued by weak output growth and high price pressures...
...On a month by month basis, German consumer prices rose 0.6 per cent in March, slightly below economists’ forecasts of 0.7 per cent....
...I’m Katie Martin. Thanks for listening. [MUSIC PLAYING]...
...The eurozone’s monthly trade surplus rose to a record high at the start of the year thanks to a sharp drop in the price of energy imports and an uptick in exports....
...Yet prices surged in some countries, including Croatia, Bulgaria, Lithuania, Poland and Portugal, where they rose between 8 and 12 per cent....
...S&P Global’s flash eurozone composite purchasing managers’ index, which measures businesses activity across the bloc, rose to a nine-month high of 49.9, up from 49.2 a month earlier....
...But contrast this with the US where, in the non-farm business sector, output per worker rose about 5 per cent and output per hour worked increased more than 6 per cent in the four years from the eve of the...
...Spanish inflation rose less than economists’ forecast to 3.2 per cent in March, despite reduced government subsidies pushing up electricity and fuel prices....
...martin.wolf@ft.com Follow Martin Wolf with myFT and on Twitter...
...Combined revenue at the ambient and frozen and chilled divisions rose 12 per cent. Leverage sat at 1.4 times at the year end, a manageable position and well under the company’s 2.5 times limit....
...That would be markets columnist Katie Martin and US financial commentator Robert Armstrong. Robert ArmstrongGreetings....
...Humanity at the University of Cambridge, is author with John Martin Fischer of ‘Should You Choose to Live Forever?...
...In Italy, consumer prices rose 1.3 per cent in the year to March, a smaller than expected increase from 0.8 per cent in the previous month....
...Markets’ rate-cut expectations have been shaken by data this week showing US inflation rose more than expected in March....
...Eurostat revised the figure for that period up to growth of 0.2 per cent and said prices rose a further 0.8 per cent in the third quarter....
...The main one is rapid growth in services prices, which make up 45 per cent of the basket used to calculate eurozone inflation and rose at an uncomfortably high annual pace of 4 per cent for the fifth month...
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