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Eurozone inflation rate in June confirmed at 2.5%

ANKARA: The eurozone’s annual consumer inflation rate in June eased to 2.5% as initially estimated, according to a second reading released on Wednesday.

The figure was down from 2.6% in May, Eurostat data showed.

Core inflation, excluding volatile f…

Oil prices down amid weakening demand outlook

ANKARA: Oil prices decreased on Wednesday due to demand worries in China, while strong demand data from the US and the Israeli aggression in Gaza supported upward price movements.

International benchmark Brent crude traded at $83.56 per barrel at 9.5…