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Annual inflation in Italy in September, calculated according to national standards, was 1.4%. Compared with the August figure of 1.6%, inflation slowed down in September, the final data from Istat showed. Relative to the previous month there was a decrease in prices by 0.5%. The slowdown was mainly caused by the dynamics of food prices. Excluding the price of energy, food and alcohol, the annual increase in consumer prices was 0.7%, also slowing down from a rise of 0.8% in August. In monthly terms, food prices fell 0.2%. Prices for alcohol and tobacco products remained unchanged. Clothes and shoes rose 0.4%. Expenses for transport decreased by 2.4%.
Oil traded higher on Friday, further reclaiming lost ground from three-week lows in the previous session as the COVID-19 situation continued to dent the global economy as well as oil consumption. Brent crude gained 0.3%, trading at $43.08 ...
The second quarter had seen Australian consumer prices dropping by a record. This could be attributed to the coronavirus crisis dragging child care cost and petroleum prices, inflicting a serious damage to years of growth toward higher inflation. Last ...
China's diesel exports for June fell by 50% year-on-year, a record low since September 2018 as lockdown measures around the world continued to curb fuel demand. China exported has 1.04 million tons of diesel, compared to the 1.45 million and ...
Gold prices traded lower in Asia on Friday morning amid hopes for COVID-19 vaccines from the U.S. and U.K. bolstered investor appetite. Sentiment was further boosted with the European Central Bank (ECB) signaling that it may leave interest ...
Gold prices fell earlier on Tuesday in Asia as the Dollar strengthened, pulling traction away from the yellow metal. Gold futures fell by 0.85% to $1,798.65 per ounce at 1:12 AM ET (6:12 AM GMT), still remaining above the $1,800 level. Losses ...
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