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In May, consumer prices in France, according to national standards, increased by 1% from the same month a year earlier, a preliminary assessment of Insee statistics showed. Compared with the April price increase of 1.1%, annual inflation slowed down in May. Forecast of the economists suggested growth rate of 1.1%, as well as in April. Regarding the previous month, a 0.2% price increase was recorded, with a 0.3% increase predicted by economists. The annual increase in food prices was 2.3%. Energy prices rose by 3.4% over the year, services - by 0.7%. Tobacco products showed the jump in prices by 9.1%. The annual inflation rate, according to EU standards, was at the level of 1.1%, with experts forecast at 1.2%. Compared to the previous month, prices rose by 0.2%, not reaching the expected 0.3% increase. The Insee consumer spending report showed a 0.8% increase in April against a 0.3% drop in March. Over the year, the figure rose by 1.2%, surpassing the increase expected by economists.
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 ...
Japan’s first-quarter business spending came smaller than what was initially estimated, revised data showed on Monday. This underscored a sharper damage that the novel coronavirus pandemic had inflicted on the world’s third-biggest ...
The U.S. Federal Reserve eased another $2 million in emergency loans this week to help struggling U.S. businesses amid the recession. The Fed’s overall asset portfolio reported growth for the second week, holding above $7 trillion. The ...
The reimplementation of virus-related lockdowns in some states dragged the U.S. economic outlook in the past month, according to economists in a Reuters poll who also warned that the monitored rebound in employment may reverse by the end of ...
Japan's industrial output is expected to recover in June from a double-digit decline in May amid hopes that factory activity may have reached its lowest due to the coronavirus pandemic, according to a Reuters’ poll of 13 economists. While ...
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