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In August 2018, consumer prices in Italy, calculated by national standards, increased by 1.7% in annual terms, preliminary data of the statistical agency Istat show. Compared to the July price increase of 1.5%, inflation accelerated in August. Analysts had expected inflation at 1.4%. Compared to the previous month, prices increased by 0.5%, while the experts had expected growth of 0.2%. Without taking into account the price of energy, food and alcohol, consumer prices increased in August by 0.9% in annual terms. Food products went up by 2.4%, alcoholic beverages and tobacco products - by 3%, clothing and footwear - by 0.1%. Transport costs increased by 4%. According to EU standards, consumer prices in the country grew by 1.7% in annual terms and by 0.1% per month.
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 ...
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 ...
Italy’s Treasury announced on Wednesday the state’s approval to a 6.3 billion euro ($7.1 billion) loan to Fiat Chrysler, directed to its unit in Italy. This is the largest crisis loan granted to any auto firm to date. The announcement ...
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 ...
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