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Consumer prices in the countries of the Organization for Economic Co-operation and Development rose 2.3% in annual terms in March, compared to a rise of 2.2% a month earlier. The price of energy carriers increased by 5.3%, food - by 1.7%. Excluding food and energy prices, inflation accelerated to 2% in March from 1.9% in February. Strengthening of the growth rates of consumer prices was recorded in France, Italy, Germany, the United States and Canada. Slowing of the inflation was noted in Japan and the UK. In 19 eurozone countries, inflation accelerated from 1.1% to 1.3%. Consumer prices in the G20 countries increased by 2.8% against growth of 2.9% a month earlier.
June had seen Philippine inflation advancing faster than what was initially thought. This followed after one of the world’s longest coronavirus lockdowns was lifted. Moreover, food, fuel prices, and the transport index were seen at higher ...
New car registrations in the United Kingdom slipped by a third on an annual basis in June after several dealerships resumed operations amid loosening lockdown measures, preliminary data from an industry body. The drop is seen as relatively ...
Taiwan's exports for June has been forecasted to have dropped by 3% in contrast to a year earlier, according to a median forecast of 13 analysts polled by Reuters. The results are based on the uncertainties of the COVID-19 pandemic as it continues ...
Asian shares traded slightly higher earlier on Wednesday after China released gloomy inflation data on the same day. China’s Shanghai Composite slid by 0.68% at 10:48 PM ET (3:48 AM GMT), while the Shenzhen Component inched up by 0.9%. Hong ...
India’s gross domestic product data due today is expected to reveal weak results, indicating that the economy is at its slowest pacing in at least two years in March. Dampened expectations were mainly from struggling consumer demand ...
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