The US Department of Commerce revealed Friday that the country's inflation rate rose on a monthly basis during June. The Department said in a statement that consumer prices rose in June by 0.1 percent on a monthly basis after stabilizing in May, while prices rose by 2.5 percent annually during the past month after rising by 2.6 percent during the previous month. It noted that consumer spending rose by 0.3 percent last month, after rising by 0.4 percent in May, while the core inflation rate for consumer prices, which excludes the most volatile goods such as food and energy, reached 0.2 percent on a monthly basis during June, compared to 0.1 percent in May. Source: Qatar News Agency
Related Articles
Oman LNG Signs Sale And Purchase Agreement with Japanese Firm JERA
Muscat, Oman LNG Company has signed an agreement for the sale and purchase of liquefied natural gas (LNG) with the Japanese firm, JERA.
The agreement sets forth the provision of up to 0.8 million metric tons of LNG annually from the Oman LNG industri…
QSE Closes 0.50 Percent Higher
Doha: The Qatar Stock Exchange (QSE) closed Sunday’s trading session with an increase of 49.87 points, or 0.50 percent, bringing the index to 10,123.05 points.
During the session, a total of 143,667,440 shares were traded, amounting to a value of QR …
QFC, Labuan IBFC Host Masterclass to Explore Business Opportunities, Enhance Collaboration
Doha: Qatar Financial Centre (QFC) and Labuan International Business and Financial Centre (Labuan IBFC), Asia’s premier international financial hub, jointly hosted a masterclass aimed at fostering collaboration and exploring new business opportunities…