The US Department of Commerce revealed Friday that the country's inflation rate rose on a monthly basis during June. The Department said in a statement that consumer prices rose in June by 0.1 percent on a monthly basis after stabilizing in May, while prices rose by 2.5 percent annually during the past month after rising by 2.6 percent during the previous month. It noted that consumer spending rose by 0.3 percent last month, after rising by 0.4 percent in May, while the core inflation rate for consumer prices, which excludes the most volatile goods such as food and energy, reached 0.2 percent on a monthly basis during June, compared to 0.1 percent in May. Source: Qatar News Agency
Related Posts
Minister of State for Energy Affairs Presents Qatarization Plan Overview
Doha: HE Minister of State for Energy Affairs, President and CEO of QatarEnergy Saad bin Sherida Al Kaabi presented an overview of the Qatarization plan and its alignment to the Qatar National Vision 2030’s human development pillar.
HE Minister Al Ka…
QSE Index Adds 36.04 Points at Start of Trading
The general index of Qatar Stock Exchange rose 36.04 points, or 0.35%, at the beginning of Monday’s trading ,to reach the level of 10,382.47 points, compared to Sunday’s closing.
The positive performance of QSE general index was supported by a rise …
Inaugural I2U2 Business Forum Convened to Accelerate Joint Investment in Key Sectors
The inaugural I2U2 Business Forum began on Wednesday in Abu Dhabi, jointly organized by the UAE Ministry of Foreign Affairs and International Cooperation and the Abu Dhabi Department of Economic Development.The Forum brought together senior private and…