Austria’s Inflation Rises In July

Austria’s consumer price inflation increased in July on higher fuel prices, Statistics Austria reported Friday. Consumer price inflation rose to 2.1 percent in July from 2 percent in June. However, on a monthly basis, consumer prices fell 0.2 percent. Transport cost advanced 3.8 percent and food and beverages prices climbed 2 percent. Housing and energy
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Dana Gas PJSC (“Company”), the Middle East’s largest regional natural gas company, announced its financial results for the first half ended 30 June 2018: Highlights Net Profit for 1H of $24 million (AED 88m); 4% higher year-on-year; $50 million (AED 183m) excluding one off Sukuk restructuring costs. Consensual solution on Sukuk restructuring agreed with closing
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India imported 57.99 million tonne(MT) of coal in April-June, registering an increase of 4.1 per cent from the same quarter of 2017-18. Coal import in the year-ago period stood at 55.69 MT, as per the latest data from mjunction services, an online procurement and sales entity jointly floated by state-owned SAIL and Tata Steel. “Overall,
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Jawaharlal Nehru Port Trust (JNPT) registered substantial progress on two key productivity parameters in the month of June 2018. JNPT – which handles the majority of India’s container freight – in July for the first time achieved over 40 percent share of its volume via direct port delivery (DPD). JNPT in July also increased its
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NEW DELHI: According to a latest update from the Solvent Extractor’s Association (SEA) of India, the total export of oilmeals was reported at 148983 tonnes in July 2018, recording a spurt of 18.33% compared to July 2017. The overall export during April-July 2018 was reported at 898871 tonnes, up nearly 24% over the comparable period
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China’s construction steel rebar prices gained more ground on Wednesday to trade near last session’s 10-1/2 month high on expectations of lower supplies following the country’s crackdown on pollution and higher demand. The most active rebar on the Shanghai Futures Exchange finished up 0.4 percent at 4,017 yuan ($592.80) tonne. On Tuesday, the market hit
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NEW DELHI: India’s trade deficit widened to its highest in more than five years in June, the Commerce Ministry said, driven largely by a surge in oil prices and a weaker rupee. Though merchandise exports rose 17.57 percent year-on-year in June, the trade deficit widened to $16.6 billion from $14.62 billion in May. Oil imports
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The major ports in the country witnessed 3.91 per cent rise in cargo traffic to 174.02 million tonnes in the April-June quarter this fiscal. “The major ports in India have recorded a growth of 3.91 per cent and together handled 174.02 million tonnes (MT) of cargo during the period April to June, 2018 as against
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Chinese steel futures rose on Wednesday after the country’s biggest steelmaking city, Tangshan, said it would deepen output curbs over the summer, raising concerns of tight supplies in the market. Tangshan, home to 64 steelmakers, has ordered steel mills, coke producers and utilities to cut output further starting from July 20 until Aug. 31, according
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Russian wheat export prices rose last week due to unfavourable weather conditions, analysts said. Black Sea prices for Russian wheat with 12.5 percent protein content were at $205 a tonne on a free on board (FOB) basis at the end of last week, up $1 from a week earlier, Russian agricultural consultancy IKAR said in
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