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In February, consumer prices in the United States increased by 0.2% compared to January, when the monthly figure did not change, the country's Department of Labor reported. In annual terms, prices rose by 1.5%. Compared with their increase of 1.6% in the previous month, inflation in February slowed to its lowest level since September 2016. The first indicator coincided with the forecasts of experts, whereas annual inflation was expected at the level of 1.6%. The inflation rate, which does not take into account energy and food, was 2.1% against the January value of 2.2%. The cost of new cars for the first time in 4 months showed a decline, and the fall in prices for cars with mileage of 0.7% was the highest since September. Record rates of decline in prices for the month were recorded in the category of prescription pharmaceuticals. Their value has fallen in annual terms at the fastest pace since 1972.
China's diesel exports for June fell by 50% year-on-year, a record low since September 2018 as lockdown measures around the world continued to curb fuel demand. China exported has 1.04 million tons of diesel, compared to the 1.45 million and ...
The second quarter likely saw South Korea’s economy hitting its sharpest downturn in over two decades, a Reuters survey showed on Tuesday. This was mainly from the pandemic dragging the labor market, consumer spending, and global export ...
Renault SA (RENA.PA) announced on Monday that its global car sales fell by 34.9% in the first half of the year due to the impact of the coronavirus pandemic. However, the company said that it had seen some signs of recovery in June. The French ...
On Monday, United Airlines (UAL.O) announced that it would continue adding more flights for international routes in September. The airline company plans to reintroduce flights that were canceled due to coronavirus pandemic. United Airlines ...
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 ...
KYC Policy