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Annual inflation in Canada rose to 1.9% in June from 1.7% in May, the Statistical Office of the country reported. The reasons for the increase are a slowdown in the fall in gasoline prices and an increase in the cost of durable goods.Gasoline prices decreased by 13.4% year-on-year from 15.5% in May, which eased deflationary pressure in the energy sector. Excluding energy, inflation was 2.7%, reflecting a steady rise in prices.Transport continues to rise in price: prices for new cars increased by... Čítať viac
According to the US Department of Labor, the number of American citizens applying for unemployment... Čítať viac
US President Donald Trump announced that the United States is completing funding for the World... Čítať viac
According to analysts, China's economic growth may slow to a minimum in almost half a century due... Čítať viac
Saudi Arabia again went against its colleagues under the OPEC+ agreement and seems to have decided... Čítať viac
The finance ministers of the European Union (EU) have agreed on a plan to save the bloc’s economy i... Čítať viac
According to the US Department of Labor, in the first week of April, the number of initial... Čítať viac
Eurozone finance ministers held a videoconference, during which they expected to agree on the main... Čítať viac
Industrial production in Germany in February unexpectedly showed an increase. At the same time, the... Čítať viac
According to Sentix analytics, investor sentiment in the eurozone fell to a record low in April, as... Čítať viac
Retail sales in the UK in March fell to a record low due to the fact that sales volumes declined... Čítať viac
According to official figures, the number of unemployed in Spain in March 2020 increased at a... Čítať viac
Analysts believe that the economies of Germany and Canada are the most susceptible to the shocks... Čítať viac
The price of oil in 2020 will be kept below the level of $40 per barrel. This conclusion was... Čítať viac
Oil refineries around the world have begun to suspend production or reduce refining volumes, as... Čítať viac
The coronavirus pandemic remains the main news of the day. The disease continues to spread,... Čítať viac
The mood in the German business community deteriorated significantly in March amid concerns about... Čítať viac
Energy experts fear that global oil storages may overflow during several months due to falling... Čítať viac
Today, the Philippine Stock Exchange closed indefinitely, and trading in foreign currency and bonds... Čítať viac
Since the beginning of 2020, the Chinese economy has experienced the most severe recession in the... Čítať viac
The European Union decided to create an investment initiative of €37 billion as part of a package o... Čítať viac
According to the results of the European Central Bank (ECB) meeting, the regulator left key... Čítať viac
The Bank of England unexpectedly lowered its base interest rate in an attempt to support the... Čítať viac
Saudi Arabian State Oil Company Saudi Aramco intends to increase oil supplies to 12.3 million... Čítať viac
The Italian authorities intend to allocate 7.5 billion euros ($8.4 billion) to combat the epidemic... Čítať viac
The Bank of Canada cut its key rate from 1.75% to 1.25% amid a rapidly spreading outbreak of... Čítať viac
The Federal Reserve Board unexpectedly lowered its base interest rate from 1.5-1.75% to 1-1.25%,... Čítať viac
The Central Bank of Australia has lowered its key interest rate from 0.75% to 0.5% per annum. The... Čítať viac
According to official figures, Italy's economic growth in 2019 has slowed to its lowest level since... Čítať viac
A key market indicator of long-term inflation expectations in the eurozone fell to a record low... Čítať viac
Major European stock indexes on Thursday evening accelerated the pace of decline and are already... Čítať viac
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