Personal consumption expenditures price index

Market attention has turned to upcoming data on the U.S. economy after Nvidia reported its financial results .

Nvidia, one of several companies that have ridden a wave of enthusiasm over artificial intelligence developments, reported earnings on Aug. 28.

The results showed a strong profit, but Nvidia stock fell 2.1 percent, though it is up 153 percent for the year.

Housing and rent, transport and food had the largest shares in households' total consumption expenditures last year, a survey by the Turkish Statistical Institute (TÜİK) has shown.

Consumers allocated 23.9 percent of their budget for housing and rent in 2023, the statistics authority said on June 11.

Traders are lookling ahead this week to the release of key U.S. inflation data and corporate earnings.

With Iran downplaying Israel's reported attack on the country, tensions between the regional rivals cooled.

While the situation remains tense, the lack of escalation over the weekend provided traders with an opportunity to pick up equities and helped push oil down.

Gold hit another fresh record high yesterday as investors grow confident that the Federal Reserve will cut interest rates this year, even after data showed a slight uptick in a key inflation report.

The precious metal has enjoyed healthy buying interest this year as the U.S. central bank hints at an easing of credit conditions.

Türkiye's annual inflation rate accelerated from 64.86 percent in January to 67 percent in February, but the pace of monthly inflation increase slowed, the data from the Turkish Statistical Institute (TÜİK) have shown.

Consumer prices advanced 4.53 percent month-on-month, down from 6.7 percent in January.

BELGRADE - Serbian prices of goods and services used for personal consumption increased by an average of 1.4 pct m-o-m and 16.1 pct y-o-y in February 2023, according to figures released by the national statistical office RZS.

Relative to December 2022, consumer prices increased by an average of 2.8 pct in February 2023.

Most of households' spending in 2018 went to housing/rent, food and transportation, data from the Turkish Statistics Institute (TÜİK) showed on July 26.

The Statistical Office (RZS) data for February shows that prices of products and services increased by 0.7 percent on average compared to January.

Year-on-year, consumer prices in February 2017 increased by 3.2 percent, while compared to December 2016, the figure was 2.2 percent, the Serbian government has announced.

December consumer prices down 0.4 percent

BELGRADE -- Serbia saw a month-on-month decrease of 0.4 percent in retail prices of goods and services used for personal consumption in December.

According to the Statistical Office, compared to December 2013, the consumer prices rose 1.7 percent, registering the average annual growth of 2.9 percent.

BELGRADE - Serbia saw a month-on-month decrease of 0.4 percent in retail prices of goods and services used for personal consumption in December, the national stats office stated on Monday.

When compared to December 2013, the consumer prices rose 1.7 percent, registering the average annual growth of 2.9 percent.