Argentina’s road fuel sales took a noticeable dip in June, reveals data from Quantum Commodity Intelligence. This decline underscores ongoing economic challenges and evolving demand trends fueled by fluctuating fuel prices and soaring inflation
Browsing: June 2024
Argentina’s inflation is poised to spike once more in June after a short-lived dip in May, Reuters reports. Skyrocketing prices continue to squeeze the economy, fueled by currency instability and unyielding consumer demand
Inflation skyrocketed to its highest level since January 2024 in June, ramping up the pressure on consumer prices. Experts warn that this sharp rise could significantly shape upcoming monetary policy decisions
Canada’s annual inflation rate surged to 1.9% in June, surpassing expectations as soaring energy and food prices dominated the headlines, Reuters reports. This increase underscores ongoing economic challenges despite recent policy measures aimed at stabilizing the market
Brazil’s auto industry hit a rough patch in June, as both sales and production dipped amid ongoing economic hurdles and supply chain disruptions. This downturn underscores the persistent challenges shaping the market’s future
Tesla’s car sales in Germany stumbled again in June, Reuters reveals. This drop highlights the intense competition and mounting challenges Tesla is up against from powerful local EV makers dominating the German market
France news roundup: 5-11 June brings you the most thrilling breakthroughs in politics, health, and technology. This week unveiled powerful government reforms, exciting vaccine advancements, and cutting-edge AI research poised to transform the nation’s future
French President Emmanuel Macron announced that France may recognize a Palestinian state by June, signaling a potential shift in diplomatic relations. This move aims to revive the stalled peace process and support Palestinian statehood in the ongoing conflict.
Brazil’s Petrobras announced plans to resume operations at its Paraná fertilizer plant in June, aiming to boost domestic production. The move aligns with the company’s strategy to enhance Brazil’s agricultural sector amidst rising global fertilizer demands.