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Author Archives: Insta Forex

Italy's Current Account Surplus Increases In May

Italy’s current account surplus increased in May from previous year, data from Bank of Italy showed on Friday. The current account surplus rose to EUR 2.59 billion from EUR 1.86 billion in the same period last year. The surplus on ...

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Latvia Producer Price Inflation Slows In June

Latvia’s producer price inflation slowed further in June, figures from the Central Statistical Bureau showed on Friday. The producer price index climbed 2.5 percent year-on-year in June, following a 3.1 percent increase in May. Among the main groups, water supply ...

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Slovenia Output Price Inflation Slows Further In June

Slovenia’s output price inflation eased further in June, figures from the Statistical Office of the Republic of Slovenia showed on Friday. Output prices slowed 0.5 percent year-on-year in June, following a 1.0 percent increase in May. Energy prices rose 11.5 ...

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Poland Retail Sales Growth Eases More Than Forecast

Poland’s retail sales grew at a slower-than-expected rate in June, figures from Statistics Poland showed on Friday. Retail sales climbed 3.7 percent year-on-year in June, after an 8.2 percent rise in the same month last year. Economists had expected a ...

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Oil Prices Rebound On Gulf Tensions

Oil prices rose sharply on Friday after the U.S. Navy shot down an Iranian drone in the Strait of Hormuz, a major chokepoint for global crude flows. President Donald Trump told reporters the USS Boxer took defensive action after the ...

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