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Housing in the euro zone rose in price in the second quarter by 4.3% in annual terms, Eurostat data showed. In the previous month, the annual growth was at 4.5%. Compared to the first quarter, prices rose by 1.4% after rising 0.5% a quarter earlier. In the second quarter, the cost of housing in the EU countries also increased by 4.3% in annual terms. In quarterly terms, the rise in prices was 1.4%. Compared to the same period last year, the largest increase in housing prices was recorded in Slovenia - by 13.4%, and in Ireland - by 12.6%. The decline in housing prices was observed in Sweden - by 1.7%, and in Italy - by 0.2%.
On Friday, Caterpillar Inc (CAT.N) announced a lower second-quarter profit because of the recession caused by the coronavirus outbreak. The decline was due to lower sales volume and changes in dealer inventories. During the second quarter ...
On Thursday, the United States’ Gross Domestic Product (GDP) suffered the biggest economic decline in the second quarter as the surge of coronavirus cases affected the whole country. The U.S. government decided to shut down restaurants, ...
Samsung Electronics Co Ltd looks forward to the second half of the year as it expects a larger increase in chip demand brought by new smartphone launches. However, the company warned that the coronavirus crisis and trade disputes carry risks. Samsung, ...
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 ...
Spain’s unemployment rose to 15.33% for the second quarter of 2020, according to Tuesday’s data from the National Statistics Institute amid the worsening COVID-19 situation in the country. The unemployment rate surged past the ...
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