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The US Department of Labor reported that in June, consumer prices in the country increased by 0.1% compared to May when their rise was also noted by 0.1%. The June price increase corresponds to the market forecast. In annual terms, prices rose by 1.6%. In the previous month, the figure rose by 1.8%, which indicates a slowdown in inflation in June. The consumer price index, which does not include energy and food, rose by 0.3% compared to May, and over the year it grew by 2.1%. Over the month, energy carriers fell by 2.3%, while the cost of food remained at the May level. Over the year, real hourly wages for US citizens increased by 1.5%. Its growth accelerated against a 1.3% increase a month earlier.
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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