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Annual inflation in Italy amounted to 0.9% in January, slowing from the December value of 1.1%, Istat statistics showed. Relative to the previous month, consumer price growth was 0.1%. The slowdown in inflation was mainly due to lower energy prices. If you do not take into account energy, food and alcohol, the price increase was 0.5% compared to the same month a year earlier. For the year, food prices rose by 0.8%, alcohol and tobacco products - by 2.6%, clothing and footwear - by 0.2%. The cost of transport increased compared with January 2017 by 1.2%.
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 ...
For the first time since January, the services industry of China recorded its growth in May, signaling the start of economic recuperation from stagnation due to lockdown measures implemented amidst the outbreak of the coronavirus. However, ...
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