Annual inflation in the 17-nation eurozone is expected to decline to 1.3 percent in August from 1.6 percent in July, European Union (EU) statistics office Eurostat said Friday. Before July, the CPI had risen for two months in a row in the single currency area which is suffering economic recession and is at the risk of deflation, according to official figures. The prices of food, alcohol and tobacco products were the key inflationary factor in August, which rose by 3.3 percent year on year. In the same month, prices of services rose 1.5 percent on a annual basis, higher than the 1.4 percent in July, prices of non-energy industrial goods rose 0.3 percent, compared with 0.4 percent in June, and prices of energy industrial goods decreased 0.4 percent, compared with 1.6 percent increase last month.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor