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Eurozone inflation falls back to 2% target in December as prices remain under control

Inflation across the eurozone eased to 2% in December, edging down from November’s 2.1% pace and landing on the European Central Bank’s long-term target. This reflects a broad cooling in goods prices and continued restraint in energy costs, while services inflation remains the main source of underlying momentum. The key takeaway is that price pressures…

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IFRS 18: Your practical, structured guide for smooth transition and implementation

For financial reporting periods beginning on or after 1 January 2027, entities must apply the requirements of IFRS 18 “Presentation and Disclosure in Financial Statements”.  The International Accounting Standards Board has issued the new standard, officially replacing IAS 1 “Presentation of Financial Statements”. Financial Statements will have a different presentation on their financial performance statements…

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