ISTANBUL: Retail sales volume fell by 1.2% in the UK in June on a monthly basis, the Office for National Statistics (Ons) revaled on Friday.
Sales volumes also dropped by 0.2% on a yearly basis, and 1.3% versus the pre-pandemic levels, the Ons said.
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ISTANBUL: Canada’s investment in building construction increased 0.8% to reach $20.8 billion in May, according to the country’s statistical agency on Thursday.
The figure is a rebound from a 2% decrease recorded in April.
The residential sector incr…
ISTANBUL: Real gross domestic product (GDP) growth in Germany is expected to increase 0.2% this year and 1.3% next year, after declining 0.2% in 2023, according to the International Monetary Fund (IMF) on Thursday.
The German economy has begun to rec…
ISTANBUL: Economic activity in the US maintained a slight to modest pace of growth in most Fed districts during the latest reporting cycle, according to a Federal Reserve report released Wednesday.
“While seven Districts reported some level of increa…
ISTANBUL: European stocks closed higher Thursday except in Germany and the major STOXX index after the conclusion of the European Central Bank’s (ECB) monetary policy meeting.
The STOXX Europe 600, which includes around 90% of the market capitalizati…
ISTANBUL: Fitch Ratings said Thursday it affirmed Mexico’s long-term foreign currency issuer default rating at BBB- with a stable outlook.
Mexico’s rating is supported by “a prudent” macroeconomic policy framework, stable and robust external finances…
