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Consumer prices in the euro area rose by 2% in August in annual terms after rising by 2.1% in July, preliminary data of Eurostat show. Experts had expected the indicator at the level of 2.1%. Without taking into account the price of energy, food and alcohol, consumer prices in the euro area rose by 1% in annual terms, while analysts had prediced growth of 1.1%. Food, alcohol and tobacco products went up by 2.5%, energy carriers - by 9.2%, services - by 1.3%. According to the forecasts of the European Central Bank, inflation in the euro area will be 1.7% in 2018.
Intel Corp. (INTC.O) announced on Monday that Chief Engineering Officer Murthy Renduchintala would leave the company on August 3. The semiconductor manufacturing company said that it would reorganize its technology, systems architecture, and ...
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 ...
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