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In France in April of this year, the acceleration of annual inflation was recorded, according to national standards, up to 1.3% from 1.1% in March. Such final data was provided by Insee. For the month, consumer prices rose by 0.3%. Economists had not expected a revision of the preliminary estimates, which suggested an annual price increase of 1.2% and an increase in the second indicator of 0.2%. Food prices in annual terms increased by 2.5%. Energy prices rose by 4.8%. The rise in prices for tobacco products was at the level of 8.1%. Services increased in price by 1%. According to EU standards, annual inflation in France in April was at the level of 1.5%. Compared with March, prices increased by 0.4%.
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 ...
Mexico’s economy is likely to have shrunk by 17% in April, finance minister Arturo Herrera told local broadcaster W Radio on Thursday. However, he reassured that the economy could shrink “a little less” in May as lockdown ...
German imports and exports took a huge hit in April, revealing a record plunge since 1990 after the COVID-19 pandemic severely disrupted demand and supply. The data on Tuesday added to the bleak outlook for the biggest economy in Europe. Many ...
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