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Germany’s foreign trade surplus at $24.6B in August

ISTANBUL: Germany’s foreign trade balance posted a surplus of pound 22.5 billion ($24.66 billion) in August, according to federal statistical office Destatis on Wednesday, above market expectations.?

The country’s exports totaled pound 131.9 billion,…

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Sweden’s inflation rate down month-on-month in August

ISTANBUL: Sweden’s monthly inflation rate was recorded at 1.9% in August, down from 2.6% in July, according to the country’s official statistical bureau on Tuesday.

The decrease in consumer prices was attributed to the declining electricity prices 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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