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In February, consumer price growth in France, according to national standards, accelerated in annual terms to 1.3% from 1.2% in January, and in monthly terms, prices remained unchanged. This is evidenced by the final report of Insee. February figures confirmed the forecasts of economists. The annual increase in food prices was 3.1%. In January, they fell by 2.7%. Energy prices went up by 3.2%, accelerating the increase in cost compared with an increase of 1.9% a month earlier. Prices for clothes and shoes increased by 0.8%. The February growth in the cost of services slowed to 0.9% from 1%. Consumer price growth according to EU standards in annual terms was at the level of 1.6%. In monthly terms, they increased by 0.1%.
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 ...
The longest expansion in U.S. history ended in February with the economy falling into a deep recession as the coronavirus pandemic triggered the shutdown of businesses across the country. The National Bureau of Economic Research (NBER), the ...
France is expected to recover in 2022, forecasting that the country’s economy will recuperate from its sharpest post-war recession brought by the novel coronavirus crisis, the central bank said on Tuesday. Europe’s second-largest ...
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