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In September, consumer prices in Canada rose by 2.2% relative to the same month a year earlier, Dominion Bureau of Statistics reported. In the previous month, consumer price growth was at the level of 2.8%. Compared with August, the decline was 0.4%. Economists had predicted a growth of the first indicator of 2.7%, of the second one – by 0.1%. Food for the month fell by 0.7%, gasoline – by 1.1%. Transport costs fell 2.1%. In September, there was a rise in housing prices by 0.2%, clothing and footwear – by 2.5%. The state administration also reported a decline in retail sales in August by 0.1% compared with July to 50 billion 758 million Canadian dollars. The annual rate increased by 3.6%. Excluding cars, sales decreased by 0.4%. According to experts, a decrease of 0.1% was expected. The indicator in annual terms increased by 4.3%.
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 ...
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 ...
Germany is anticipating an inflation rate drop as the national preliminary inflation data is set to be released 1200 GMT. This reading surfaced after regional inflation figures showed inflation plunging in the month of May. Some German states ...
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