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July 30, 2024

Euro area economy grows 0.3% in 2nd quarter

ANKARA: The euro area’s gross domestic product (GDP) rose 0.3% quarter-on-quarter this April-June, better than market forecast, according to a flash estimate released on Tuesday.

The figure followed a 0.3% growth in the first quarter, Eurostat data s…

Qatar’s annual inflation up to 0.98% in June

ISTANBUL: Qatar’s consumer price index (CPI) rose to 0.98% year-on-year in June, up from 0.93% in May, the country’s statistical authority said on Tuesday.

Price increase was mainly driven by 14.09% in recreation and culture, 3.42% in education, and …

Wind, solar overtake EU fossil fuels in 1H24, Ember reports

Wind and solar energy reached a new high in the EU energy mix, accounting for 30% of the bloc’s electricity generation and surpassed fossil fuels for the first time, according to a new report by London-based think tank Ember.

Fossil fuels accounted f…