Eurozone inflation falls for third straight month

Brussels, Feb 1 (AFP/APP): The eurozone annual inflation rate fell for a third consecutive month to reach 8.5 percent in January, beating expectations, the EU’s statistics agency said Wednesday. Consumer prices dropped from the 9.2-percent rate recorded in December, helped by a continued slowdown in […]

Sialkot: One-wheeler held

SIALKOT, Feb 01 (APP): Police claimed to have arrested an accused for doing one-wheeling on his motorcycle in the jurisdictions of Kotwali police station. District police in a crackdown against one-wheelers had arrested an accused Ali Haider while doing one-wheeling in the jurisdictions of Kotwali […]

Euro area manufacturing PMI confirmed at 48.8 in January

ANKARA, Feb 1 (AA/APP): The euro area manufacturing purchasing managers’ index (PMI) was confirmed at 48.8 in January, indicating the weakest pace of contraction since August, final data from S&P Global showed on Wednesday. The figure was up 47.8 in December 2022, but was still […]

Electric car sales gain pace despite hurdles

Paris, Feb 1 (AFP/APP): The electrification of the car industry is gathering pace, particularly in Europe, where the sale of new cars running on petrol and diesel will end in 2035. But challenges remain around their production, affordability and whether enough infrastructures can be put […]

close