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July 2024

Austrian economy stagnates in Q2

ISTANBUL: Austria’s gross domestic product (GDP) stagnated in the second quarter of the year, down minus 0%, easing from a 0.2% increase in the first quarter, the flash estimate showed.

The Austrian Institute of Economic Research (WIFO) said on Tuesd…

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 …