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August 13, 2025
EURO traded at 1.1720 against USD at 9:00 AM PST
Spain’s consumer price inflation rose to a five-month high in July on electricity and transport costs. The CPI posted an annual increase of 2.7% after rising to 2.3% in June, which was the highest rate since March.
EU harmonized inflation also accelerated to 2.7% from 2.3% a month ago. Core inflation, which excludes unprocessed food and energy prices, edged up to 2.3% from 2.2%. Housing costs advanced to 6.7% due to rising electricity prices. Transport costs grew 0.2% due to the rise in fuel prices. 08/13/2025 - 05:53:00 (RTTNews)
Germany's consumer price inflation remained stable in July. The CPI logged an annual increase of 2.0% in July. Inflation based on the harmonized index of consumer prices slowed to 1.8% from 2.0% in June. Core inflation excluding food and energy remained unchanged at 2.7%.
Energy prices continued to drop and have had a downward effect on overall inflation. Meanwhile, the increase in service prices remained above average and pushed up inflation. Energy prices were down 3.4% from last year, and food prices advanced 2.2%. Although service inflation softened to 3.1% from 3.3%, it remained high. 08/13/2025 - 03:15:00 (RTTNews)
Australia's wage growth remained stable in the June quarter. The wage price index grew 3.4% yearly, the same rate of increase seen in the March quarter. Quarterly, the wage price index rose 0.8% in the June quarter, slightly slower than the 0.9% rise in the prior period. Quarterly private sector wages rose 0.8% in June, while public sector wages climbed 1.0%. 08/13/2025 - 00:58:00 (RTTNews)
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