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EU house prices up year-on-year in Q2

ISTANBUL: House prices in the EU rose 2.9% on an annual basis in the second quarter of the year, the bloc’s statistical bureau Eurostat said Thursday.

The highest annual house price hikes were seen in Poland (up 17.7%), Bulgaria (up 15.1%), Lithuania…

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Eurozone monthly producer inflation at 0.6% in August

ADANA: The monthly increase in industrial producer prices in the euro area was at 0.6% in August, Eurostat revealed on Thursday, while the rate was at 0.4% for the EU.

On a yearly basis, producer prices went down by 2.3% in the euro area and 2.1% in …

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Oil prices edge higher over wider Middle East conflict

ISTANBUL: Oil prices increased on Thursday due to a wider regional conflict in the Middle East, home to the vast majority of oil reserves, fueling fears of a disruption to crude oil flows.

International benchmark Brent crude rose by 1.26% to $74.83 p…

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