FOREX TradingCharts.com

Financial News: German Inflation Highest Since 2011

German Inflation Highest Since 2011

09/27/2018 - 08:31:00 (RTTNews)

(RTTNews) - Germany's consumer price inflation accelerated more-than-expected in September to its highest level in nearly seven years, initial estimates from the Federal Statistical Office showed Thursday.

The consumer price index rose 2.3 percent year-on-year following a 2 percent increase, each in July and August. Economists had expected the rate to remain unchanged.

The latest CPI inflation rate was the highest since November 2011, when it was 2.4 percent.

Energy inflation accelerated to 7.7 percent from 6.9 percent and food inflation climbed to 2.8 percent from 2.5 percent.

Compared to the previous month, the CPI rose 0.4 percent, which was faster than the 0.1 percent increase economists had forecast.

The harmonized index of consumer prices, or HICP, climbed 2.2 percent year-on-year in September after a 1.9 percent increase in the previous month. Economists had expected the rate to hold steady.

The HICP inflation rate, which is meant for EU comparison, was the highest in four months.

On a month-on-month basis, the HICP rose 0.4 percent in September, which was faster than the 0.1 percent economists had expected.

The statistical office is scheduled to release the final results for September CPI on October 12.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2018 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Taiwan Retail Sales Growth Rebounds In September (38 min(s), 01 sec(s) ago)
(RTTNews) - Taiwan's retail sales annual growth gained momentum in September after slowing sha ...Full Story»

Poland Unemployment Rate At 28-year Low (53 min(s), 01 sec(s) ago)
(RTTNews) - Poland's unemployment rate eased slightly in September, after holding steady in th ...Full Story»

South Africa Leading Index Decreases For Second Month (01 hr(s), 13 min(s), 01 sec(s) ago)
(RTTNews) - South Africa's leading economic index dropped for a second straight month in Augus ...Full Story»

Finland Jobless Rate Lowest Since Nov. 2011 (01 hr(s), 21 min(s), 01 sec(s) ago)
(RTTNews) - Finland's unemployment rate in September was the lowest in nearly seven years, pre ...Full Story»

Denmark Consumer Confidence Lowest Since Early 2017 (01 hr(s), 59 min(s), 01 sec(s) ago)
(RTTNews) - Denmark's consumer confidence weakened for a fourth straight month in October to i ...Full Story»

Indonesia Interest Rates Unchanged After Two Hikes (03 hr(s), 0 min(s),01 sec(s) ago)
(RTTNews) - Indonesia's central bank left its key interest rate unchanged in October after hik ...Full Story»

Taiwan Industrial Production Growth Remains Lackluster (03 hr(s), 32 min(s), 01 sec(s) ago)
(RTTNews) - Taiwan's industrial production continued its modest growth in September, prelimina ...Full Story»

Hong Kong Inflation At 7-month High (03 hr(s), 45 min(s), 01 sec(s) ago)
(RTTNews) - Hong Kong's consumer price inflation accelerated strongly in September after easin ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Taiwan Retail Sales Growth Rebounds In September

10/23/2018 - 07:56 AM (RTTNews)
(RTTNews) - Taiwan's retail sales annual growth gained momentum in September after slowing sha ...Full Story>>

Poland Unemployment Rate At 28-year Low

10/23/2018 - 07:41 AM (RTTNews)
(RTTNews) - Poland's unemployment rate eased slightly in September, after holding steady in th ...Full Story>>

South Africa Leading Index Decreases For Second Month

10/23/2018 - 07:21 AM (RTTNews)
(RTTNews) - South Africa's leading economic index dropped for a second straight month in Augus ...Full Story>>

Finland Jobless Rate Lowest Since Nov. 2011

10/23/2018 - 07:13 AM (RTTNews)
(RTTNews) - Finland's unemployment rate in September was the lowest in nearly seven years, pre ...Full Story>>

Denmark Consumer Confidence Lowest Since Early 2017

10/23/2018 - 06:35 AM (RTTNews)
(RTTNews) - Denmark's consumer confidence weakened for a fourth straight month in October to i ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.