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U.S. annual CPI jumps 5.4% in June, biggest since 2008

U.S. inflation spiked again in June, jumping 5.4 percent over the past 12 months for its biggest gain since August 2008, according to official data released Tuesday.Compared to last May, the Consumer

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U.S. 12-month producer prices jump to record 6.6% in May

Producer prices for the past year spiked in May to 6.6 percent, the highest in the history of the data set dating back to 2010, the U.S. Labor Department said Tuesday.Compared to April, the producer

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Japan's economy shrinks annualized 3.4 pct in January-March period

Japan's economy shrank for a second straight quarter in the January-March period, as a result of the adverse effects of the coronavirus pandemic, the government said i

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Australia's unemployment rate increased to 5.8 pct in Aug.

Australia's seasonally adjusted unemployment rate increased 0.1 percentage points to 5.8 percent in August, as announced by the Australian Bureau of Statistics ( ABS) Thursday.

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Oil prices gain amid Syrian conflict

U.S. oil prices rose to a nine- month high, as the Syrian conflict bolstered concern of supplies from the Middle East.