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Eurozone Producer Price Inflation Accelerates Sharply In April


Eurozone Producer Price Inflation Accelerates Sharply In April
BRUSSELS (dpa-AFX) - Eurozone producer price inflation accelerated sharply in April driven by higher energy prices, data from Eurostat showed on Wednesday.
Producer price inflation rose to 7.6 percent in April from 4.3 percent in March. This was also bigger than economists forecast of 7.3 percent.
Excluding energy, producer prices rose 3.5 percent on year, following a 2.3 percent increase in March. Energy prices surged 20.4 percent.
Among other components, intermediate goods prices grew 6.9 percent and that of capital goods rose 1.3 percent. Durable and non-durable consumer goods prices gained 1.7 percent and 1.1 percent, respectively.
Month-on-month, producer prices grew 1 percent in April versus 1.1 percent increase a month ago. Economists had forecast a monthly growth of 0.9 percent. ....

Bruxelles Capitale , Kostenloser Wertpapierhandel , European Central Bank , ப்ரூக்ஸெல்ஸ் தலைநகரம் , ஐரோப்பிய மைய வங்கி ,

Bulgaria: Natural Gas Price Set for Sharp Jump of 20%


Bulgaria: Natural Gas Price Set for Sharp Jump of 20%
02 Jun 2021, 20:11 GMT+10
Bulgaria s Energy and Water Regulatory Commission (EWRC) has endorsed a price of 45.27 leva/MWh for natural gas, effective June 1, 2021, the regulator said in a press release on Monday.
The new price, which excludes the charges for access, transmission, excise duty and VAT, is 20 per cent higher than its May 1 level (37.71 per cent) and 122 per cent up from June 1, 2020.
The Energy and Water Regulatory Commission specified that the new higher gas price will not result in increase in prices of heating and electricity in June.
The press release lists three reasons for the natural gas price rise: ....

Stara Zagora , Perifereia Anatolikis Makedonias Kai Thrakis , Bulgaria Energy , Water Regulatory Commission , Big News Network , Interconnector Greece Bulgaria , Oil And Gas News , Natural Gas , பல்கேரியா ஆற்றல் , தண்ணீர் ஒழுங்குமுறை தரகு , பெரியது செய்தி வலைப்பின்னல் , எண்ணெய் மற்றும் வாயு செய்தி ,

AIC 'beyond frustrated' at Treasury's ruling to keep UCITS PRIIPs five-year exemption


AIC beyond frustrated at Treasury s ruling to keep UCITS PRIIPs five-year exemption
Products can produce KIIDs until 2026
Jenny Turton
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Chief executive of the AIC Ian Sayers
The Association of Investment Companies (AIC) has said it is beyond frustrated at the extension of the exemption for UCITS funds from the Packaged Retail Investment and Insurance-based products (PRIIPs) regime for a further five years.
The AIC has responded to the announcement from HM Treasury, which said UCITS funds providers can continue to produce Key Investor Information Documents (KIID), as set out in the UCITS Directive, until the end of December 2026.
Investment companies, however, have to produce Key Information Documents (KIDs) and have done for the past four years, information which AIC chief executive Ian Sayers has described as toxic . ....

Cian Sayers , Key Investor Information Documents , Key Information Documents , Aidan Sayers , Association Of Investment Companies , Investment Trusts , ஈயந் சொல்பவர்கள் , விசை முதலீட்டாளர் தகவல் ஆவணங்கள் , விசை தகவல் ஆவணங்கள் ,