Data from the French National Institute of Statistics and Economic Studies (INSEE) showed today that the inflation rate in the country retreated to 2.2 percent on an annual basis last June. The institute's data attributed this slight slowdown to weak inflation in energy prices, especially for petroleum products, as well as smaller increases in food prices, while service prices accelerated, and prices of manufactured goods and tobacco remained stable. The French National Institute of Statistics and Economic Studies explained that the inflation rate on a monthly basis rose by 0.2 percent in June, which is considered a slight adjustment given its previous reading, which indicated an increase of 0.1 percent. Source: Qatar News Agency
Related Posts
QSE Index Rises 52.07 Points at Start of Trading
Doha: The general index of Qatar Stock Exchange (QSE) rose 52.07 points, or 0.52 percent, at the beginning of trading on Sunday, reaching 10,125 points, compared to Thursday’s closing.
The QSE general index was supported by a rise in all sectors: Tel…
QNB Discusses Priorities of New UK Government, Impact on Economic Growth
Doha: QNB said the plans of the new UK government could boost the country’s economic growth in the long run.
In its weekly report, QNB discussed three priorities for the new government in its mission to achieve stronger economic growth rates in the l…
Gold Dips on Firmer Dollar
Gold prices edged lower on Wednesday, weighed down by a stronger US dollar, as investors awaited key US inflation data and the Federal Reserves updated interest rate projections due later in the day.
Spot gold was down 0.2% at $2,311.80 per ounce. US…