The ECB’s inflation target is formulated in terms of headline inflation. However, domestically determined inflation features prominently in the monetary policy transmission mechanism and in gauging underlying inflation, making it important to assess it regularly. The ECB monitors various proxies for domestically determined inflation, including: (i) “domestic inflation”, which aggregates inflation items with a low import share; and (ii) “Supercore” inflation, which aggregates inflation items found to be sensitive to the aggregate business cycle.

New prime minister Andy Burnham’s to-do list just keeps growing. In many regards, he has wasted no time in setting out a vision for the government that puts clear distance between himself and his predecessor Keir Starmer. But despite this, amid a summer of record-breaking heat and devastating wildfires, he is still to say anything substantive on the climate issue.

Declaring bankruptcy when you're drowning in debt should be a last resort. thewet/iStock via Getty Images PlusThe number of Americans who file for bankruptcy is growing. More than 500,000 people took this step in 2025, nearly 50% more than in 2022.

Many women find they can at least keep their careers by working from home. PeopleImagesThe Australian state of Victoria was due to enforce a legal right to work from home starting September 2026. But just weeks away from its implementation, the new premier, Ben Carroll, has announced a year’s delay in response to fierce business opposition.

Thousands of miles away, in Portugal, parents of young children already have a legal right to work from home without needing their employers’ approval.