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Renju Jaya


✉ editorial@rttnews.com
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Germany consumer price inflation slowed as initially estimated in July but remained at an elevated level, final data from Destatis showed on Wednesday. Consumer price inflation slowed to 7.5 percent from 7.6 percent in June. The rate matched the flash estimate published on July 28. In May, headline...

chinaconsumerprices1 may12 10aug22 China consumer price inflation accelerated to the highest in two years in July driven by pork prices, while factory gate inflation continued to ease, official data revealed Wednesday. Consumer price inflation rose to a two-year high of 2.7 percent in July from 2.5 percent in June, the National Bureau of Statistics reported. But the rate was below economists' forecast of 2.9 percent.

preview1 sept20 10aug22 Final consumer price data from Germany is due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is slated to issue Germany's final consumer and harmonized index of consumer prices for July. According to flash estimate, consumer price inflation eased slightly to 7.5 percent from 7.6 percent in June.

UK retail sales rebounded unexpectedly in July as hot weather boosted demand for summer clothing and electric fans, data compiled by the British Retail Consortium and the advisory services firm KPMG, showed on Tuesday. Like-for-like sales increased 1.6 percent on a yearly basis in July, in contrast...

philippneflag may08 09aug22 The Philippine economy grew well short of expectations in the second quarter as high inflation weighed on household spending and weak global demand and higher imports dampened net trade. Gross domestic product grew 7.4 percent on a yearly basis in the second quarter, the Philippine Statistics Authority said Tuesday. This was slower than the revised 8.2 percent increase in the first quarter.

Norway industrial production declined in June due to the weak oil and gas extraction and related services, data from Statistics Norway showed on Monday. Industrial production dropped 1.7 percent in June from May, when output was up 1.1 percent. The decline was driven by a 5.2 percent decrease in...

eurozone july31 08aug22 Eurozone investor confidence improved in August but less than expected suggesting that the economy is undergoing a downturn, results of a closely-watched survey showed Monday. The investor confidence index rose to -25.2 in August from -26.4 in July. Nonetheless, the reading was below economists' forecast of -24.7.

preview oct01 08aug22 Investor confidence survey data from the euro area is due on Monday, headlining a light day for the European economic news. At 1.45 am ET, the State Secretariat for Economic Affairs is scheduled to issue Swiss unemployment data for July. The jobless rate is forecast to remain unchanged at 2.2 percent.

Romania's central bank raised its benchmark rate by a smaller-than-expected 75 basis points on Friday. The board of the National Bank of Romania decided to hike the policy rate by 75 basis points to 5.50 percent from 4.75 percent. The bank was expected to raise the rate by 100 basis points. The...

France's private payroll employment grew at a faster pace at the end of June, flash data from the statistical office Insee showed on Friday. Private payroll employment grew 0.5 percent after a 0.3 percent rise in the first quarter. The net job creation totaled 102,500 compared to 69,500 in the preceding...

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