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Inflation rises in Germany, cools in France and Italy

Gulf Today

|

August 30, 2025

Inflation in Germany rose in August for the first time this year but slowed in France and Italy, official data showed on Friday, as the European Central Bank weighs its next monetary policy moves.

Annual inflation in Germany, Europe's biggest economy, came in at 2.2 per cent according to preliminary data from federal statistics agency Destatis, up from 2.0 per cent the previous month.

It was driven by rising food prices and still-high services costs, and above a figure of 2.1 percent expected by analysts surveyed by financial data firm FactSet.

PLUS D'HISTOIRES DE Gulf Today

Gulf Today

Veteran Bollywood actor Salman Khan turns 60, stars congratulate superstar

Bollywood hunk Salman Khan turned 60 years old on Saturday, and marking the special day, wishes have been pouring in for him from all sides.

time to read

2 mins

December 28, 2025

Gulf Today

Hundreds mourn victims of Syria mosque bombing

Hundreds of mourners gathered on Saturday despite rain and cold outside of a mosque in the Syrian city of Homs where a bombing the day before killed eight people and wounded 18.

time to read

1 mins

December 28, 2025

Gulf Today

Russian drones, missiles hit Ukraine ahead of key talks

Zelensky casts the vast overnight attack, which he said involved about 500 drones and 40 missiles and which knocked out power in parts of Kyiv, as Russia's response to the ongoing peace efforts brokered by the US

time to read

3 mins

December 28, 2025

Gulf Today

China Vanke clears grace period extension

China Vanke’s bondholders approved a proposal by the state-backed developer to extend the grace period for a 3.7 billion yuan ($528 million) bond repayment, but rejected delaying the repayment by a year, a filing showed on Friday.

time to read

1 min

December 28, 2025

Gulf Today

Gulf Today

Average freehold villa values in Dubai surge 206%

Badar Rashid AlBlooshi, Chairman of Arabian Gulf Properties, said that the strong price performance recorded by Dubai's real estate market in 2025 reflects the emirate’s transition into a more mature and sustainable phase, driven by real and balanced demand across all property asset classes.

time to read

1 mins

December 28, 2025

Gulf Today

Lampard's Coventry extend lead in C'ship

Coventry pulled further clear of the chasing pack in the Championship on Friday as Frank Lampard's side beat Swansea 1-O to open up an eight-point lead at the top.

time to read

1 mins

December 28, 2025

Gulf Today

Gulf Today

Libya holds funeral for top military officials

Libya on Saturday held a military funeral for the western Libya's military chief and four of his officers who died in a plane crash in Turkey.

time to read

1 mins

December 28, 2025

Gulf Today

African bodies reject recognition of Somaliland by Israel

Africa's regional governance bodies on Saturday rejected the recognition of Somalia's breakaway region of Somaliland as an independent nation by Israel a day earlier, the first by any country in more than 30 years.

time to read

1 mins

December 28, 2025

Gulf Today

Abu Dhabi to use AI to identify illegal waste dumping sites

In a qualitative step that redefines the concept of environmental monitoring, Environment Agency - Abu Dhabi has implemented a pioneering pilot project that relies on artificial intelligence technologies and satellite imagery to monitor and identify random waste dumping sites in the emirate, to raise the efficiency of the waste management system and enhance the effectiveness of environmental monitoring.

time to read

1 mins

December 28, 2025

Gulf Today

Gulf Today

US natural gas futures headed to snap two-week losing streak

US natural gas futures rose on Friday in thin-volume trading and were on track for a weekly gain, ending a two-week losing streak, as forecasts pointed to colder weather and increased demand in the weeks ahead.

time to read

2 mins

December 28, 2025

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