Latest news with #UniónEuropea
Reuters
26-05-2025
- Business
- Reuters
Rise in Spanish industrial prices slows in April on cheaper energy
May 26 (Reuters) - The rise in Spanish industrial prices calculated over a 12-month period slowed in April on cheaper energy, the National Statistics Institute (INE) said on Monday. The industrial price index rose an annual 1.9% in April, down from a revised 4.6% increase in the 12 months through March, INE said. Industrial prices fell 2.9% in April from March, driven by a 15.9% decline in electricity prices and a 7.3% contraction in refined oil products, INE said. The price of vegetable oils, mainly made from olives in Spain, fell 4%. INE revised the year-on-year March price increase to 4.6% compared with an initial 4.9%. Industrial price changes tend to anticipate consumer prices as companies eventually transfer most of their cost increases to customers, ultimately fuelling inflation. Spain's European Union-harmonised 12-month inflation rate remained at 2.2% in April from the period through March.
Reuters
17-05-2025
- Business
- Reuters
EIB at work on AI, semiconductor investment plan to boost EU competitiveness
MILAN, May 17 (Reuters) - The European Investment Bank is working on a new project to enhance European capabilities on artificial intelligence and semiconductors, with the aim of raising 70 billion euros ($78 billion) by 2027, its head said on Saturday. The blueprint is part of the European Union's efforts to increase its competitiveness against China, the United States and other major economies. The new blueprint, named 'Tech EU' aims to attract a total of 250 billion euros in investments over the long term, EIB president Nadia Calvino told Italian daily Corriere della Sera, without giving details. The 'Tech EU' project will also focus on health technologies and critical commodities, she said. The EU also needs market integration, investment and simplification to strengthen its competitiveness, Calvino said. ($1 = 0.8958 euros)
