In April, the growth rate of consumer prices in Turkey accelerated again, reaching the highest level since November 2022. According to a report by the country's statistical institute (Turkstat), inflation was 69.8% year-on-year, compared with 68.5% in March. The consensus forecast of analysts expected an even more significant increase in inflation – up to 70.33% in annual terms.The cost of utilities in Turkey increased by 55.55% YoY last month, and transport services – by 80.39%. Food prices ros... Saiba Mais
Saudi Arabian State Oil Company Saudi Aramco intends to increase oil supplies to 12.3 million... Saiba Mais
The Italian authorities intend to allocate 7.5 billion euros ($8.4 billion) to combat the epidemic... Saiba Mais
The Bank of Canada cut its key rate from 1.75% to 1.25% amid a rapidly spreading outbreak of... Saiba Mais
The Federal Reserve Board unexpectedly lowered its base interest rate from 1.5-1.75% to 1-1.25%,... Saiba Mais
The Central Bank of Australia has lowered its key interest rate from 0.75% to 0.5% per annum. The... Saiba Mais
According to official figures, Italy's economic growth in 2019 has slowed to its lowest level since... Saiba Mais
A key market indicator of long-term inflation expectations in the eurozone fell to a record low... Saiba Mais
Major European stock indexes on Thursday evening accelerated the pace of decline and are already... Saiba Mais
The German Institute for Economic Research DIW reported that Germany’s economy is close to s... Saiba Mais
Italy warned the EU that it could require substantial assistance if the unexpected spread of... Saiba Mais
Philip Lane, chief economist at the European Central Bank (ECB), said that the spread of the... Saiba Mais
Gold prices rose to a maximum in 7 years due to fears that an outbreak of coronavirus will slow... Saiba Mais
According to the Office of National Statistics (ONS), inflation in Great Britain accelerated in... Saiba Mais
Stock prices of the American company Apple Inc are reduced today by 3.6% during preliminary... Saiba Mais
In the fourth quarter of 2019, Japan's GDP fell by 6.3% year on year after increasing the... Saiba Mais
According to the US Federal Reserve, the volume of industrial production in the United States in... Saiba Mais
According to the US Labor Department, consumer prices in the US in January rose 2.5% year on year,... Saiba Mais
Deputy head of the PRC Academy of Social Sciences Cai Fan said that China will be able to achieve... Saiba Mais
The UK economy showed zero growth in the last quarter of 2019. According to preliminary data from... Saiba Mais
Today, Gold quotes rose to a week maximum, reaching $ 1,580 per troy ounce. The precious metal is... Saiba Mais
According to the U.S. Department of Labor, the number of Americans applying for unemployment... Saiba Mais
The OPEC+ Technical Committee recommended that the organization’s member countries reduce oil p... Saiba Mais
According to the European statistical agency Eurostat, retail sales in the eurozone in December... Saiba Mais
The sterling lost more than 1% after British Prime Minister Boris Johnson said he would not accept... Saiba Mais
According to the final data of the research organization IHS Markit, the index of business activity... Saiba Mais
According to the European statistical Agency Eurostat, annual inflation in the 19 countries of the... Saiba Mais
Today, the Bank of England held a meeting, at which left rates unchanged at 0.75%. Representatives... Saiba Mais
The German government raised its forecast for GDP growth for 2020 and promised to create all... Saiba Mais
OPEC representatives said the organization is ready to extend the current decline in oil production... Saiba Mais
Experts note that due to the outbreak of pneumonia in China, the growth rate of the Chinese economy... Saiba Mais
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