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French inflation hits highest rate in more than a decade

Bloomberg French inflation accelerated in November to the quickest pace in more than a decade as surging energy and manufactured goods prices offset a fall in fresh food costs. After Germany recorded a 6% surge in prices in the same period, the inflation data for the euro area’s second largest economy adds to concerns over the ECB’s insistence that the ...

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Italian economy likely to grow 6.4% in 2021: Confindustria

Bloomberg The Italian economy is likely to recover from the pandemic faster than previously forecast, growing by as much as 6.4% this year, according to a study by Confindustria, the country’s federation of employers. A strong third quarter should allow 2021 gross domestic product to increase by 6.3%-6.4%, the study showed, well above the official government forecast of 6%. That ...

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Job vacancies jump past 1m in Canada’s tight labour market

Bloomberg Unfilled jobs surpassed one million in Canada, a sign that employers are having difficulty finding workers as they ramp up hiring. There were 1,014,600 job vacancies in September, Statistics Canada reported in Ottawa. That represents about 6% of all jobs, a vacancy rate that’s up from as low as 3% last December. Employers in high-contact industries like food services ...

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