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Hungary Industrial Production Decline As Estimated

Hungary’s industrial production declined in May as initially estimated, final data from the Hungarian Central Statistical Office showed on Tuesday. Industrial production declined a working-day adjusted 27.6 percent year-on-year in May, following a 36.6 percent decrease in April, as initially ...

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Gold Eases Below $1,800 On Firm Dollar

Gold prices slipped below the key $1,800 level on Tuesday and the dollar held firm as the coronavirus continued to spread and diplomatic tensions between the U.S. and China escalated. Spot gold dropped half a percent to $1,793.30 per ounce, ...

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Oil Extends Losses On Worries About Demand

Oil prices fell on Tuesday to extend losses from the previous session as a record daily rise in global coronavirus cases stirred concerns about slow demand growth. In addition, traders remained on edge amid expectations that OPEC+ might ease output ...

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Sweden Consumer Prices Rise In June

Sweden’s consumer prices grew in June after remaining unchanged in the previous month, data from Statistics Sweden showed on Tuesday. The consumer price index rose 0.7 percent year-on-year in June, after remaining unchanged in May. Economists had expected a 0.5 ...

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Eurozone Industrial Production Rebounds In May

Eurozone industrial production rebounded in May as most of the factories reopened in member countries after the easing of coronavirus containment measures, data from Eurostat showed Tuesday. Industrial production grew 12.4 percent on month, in contrast to an 18.2 percent ...

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German ZEW Economic Confidence Weakens In July

German economic sentiment weakened in July, survey data from the ZEW – Leibniz Centre for European Economic Research showed Tuesday. The ZEW Indicator of Economic Sentiment fell to 59.3 in July from 63.4 in June. The score was forecast to ...

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