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August 2024

UK annual consumer inflation rate rises to 2.2%, below forecasts

ANKARA: The annual consumer inflation rate in the UK rose to 2.2% in July, below market estimates of 2.3%, according to data released on Wednesday.

The figure accelerated from 2% in June, the Office for National Statistics said.

The largest upward c…

US stocks close higher after producer inflation figures

ISTANBUL: Major stock exchanges in the US closed Tuesday with gains as producer prices rose in July below expectations.

The Dow Jones was up 408 points, or 1.04%, to finish the day at 39,765. The SandP 500 rose 90 points, or 1.68%, to 5,434.

The Nas…