Business
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Mexico’s retail sales fall 0.5% in June
ISTANBUL: Mexico’s retail sales declined 0.5% in June on a monthly basis, the country’s statistical authority said Tuesday. The figure…
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Canada’s annual consumer inflation rises 2.5% in July, slowest pace since March 2021
ISTANBUL: Annual Canadian consumer inflation rose 2.5% in July, increasing at the slowest pace since March 2021, the country’s statistical…
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EU construction production down in June
ISTANBUL: Construction production in the European Union fell 0.1% year-on-year in June, while it was up 1% in the euro…
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La Nina weather phase fuels concerns in commodity markets
ISTANBUL: The La Nina weather phase has fueled concerns in commodity markets since it is estimated to create disruption and…
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Annual inflation up in both EU, eurozone in July
ISTANBUL: The annual inflation rate rose in both the EU and eurozone in July, to 2.8% and 2.6%, respectively, official…
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Trkiye leaves interest rates unchanged, in line with expectations
ANKARA: Trkiye’s Central Bank on Tuesday kept the benchmark one-week repo rate constant at 50% for the fifth straight meeting,…
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Oil prices fall on renewed Israel-Hamas cease-fire hopes
ANKARA: Oil prices fell on Tuesday amid renewed hopes for a cease-fire between Israel and Hamas following US Secretary of…
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Trkiye’s external assets reach $341.7B as of end-June
ISTANBUL: Trkiye’s external assets rose to $341.7 billion at the end of June, up 2.7% from the end of 2023,…
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Sweden lowers interest rate by 25 basis points
ISTANBUL: Sweden’s Central Bank decided on Tuesday to cut its policy interest rate by 0.25 percentage points to 3.5%. The…
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China holds benchmark lending rates steady as anticipated
ANKARA: The People’s Bank of China on Tuesday kept benchmark lending rates unchanged, in line with market forecast. The one-year…
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