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In September, consumer prices in Iceland increased by 2.7% in annual terms after rising 2.6% in the previous month. The finversia.ru project writes that official data indicate a slight acceleration of inflation in September. Compared to August, prices increased by 0.2%. Without taking into account the price of housing, consumer prices in Iceland increased by 0.3% compared to August and by 1.8% compared to August last year. Statistical Department of Iceland also reported that the unemployment rate in the country, seasonally adjusted, fell to 2.7% in August from 3.7% a month earlier.
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 ...
June had seen Japan’s industrial output breaking its four-month slump. The recuperation could be attributed to a modest recovery seen in broader business and consumer activity after the world’s third-biggest economy suffered from ...
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 ...
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 ...
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