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Inflation in Turkey sharply accelerated in June to 15.39% in annual terms from 12.15% in May against the backdrop of rising costs of food and transportation services, official data show. Compared to the previous month, prices increased by 2.61%. Food products rose in annual terms by 18.9%, transportation services - by 24.3%, utilities - by 12%. In April, the Central Bank of Turkey raised its inflation forecast for 2018 to 8.4% from 7.9%. For 2019, the inflation forecast is maintained at 6.5%. In June, the country also recorded a rise in producer prices - by 23.71% in annual terms and by 3.03% compared to May.
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 ...
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 ...
Australian retail sales advanced 2.4% in June. This came as an upbeat figure following a 16.5% increase seen in May as the land down under resumed its economic operations from coronavirus-related lockdowns. The country’s retail sales ...
June had seen Singapore’s non-oil domestic products advancing 16.1% from a year earlier. The reading managed to place above estimates backed by strong activity in shipments of pharmaceuticals, specialized machinery, and electronics, ...
European new car registrations fell in June year-on-year, but showed some improvement when compared to May 2020 as lockdown measures continue to loosen across the region, Tuesday’s industry data showed. In June, passenger car sales were ...
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