Category: Business

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,…

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…

Global air passenger demand up by 8.6% in August

ADANA: Total air passenger demand in the world went up by 8.6% in August on a yearly basis, the International Air Transport Association (IATA) said on Thursday.

Total capacity, measured in available seat kilometers, was up 6.5% year-on-year in August…

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…