Financial News: German Companies' Price Expectations Rise Slightly

German Companies' Price Expectations Rise Slightly - Ifo

04/29/2024 - 05:35:00 (RTTNews)

(RTTNews) - More companies in Germany plan to raise prices in April and inflation is likely to remain above the European Central Bank's 2 percent target in the coming months, the ifo institute said Monday.

The ifo price expectations measure rose to 15.1 points in April from 14.3 points in March.

"Inflation is unlikely to fall any further in the coming months and is set to remain at just over 2 percent," Sascha Mohrle, economic expert at the ifo Institute, said.

Price expectations rose in consumer-related industries, mainly hospitality, games and toys retailers, and drugstores. Meanwhile, fewer food retailers, hotel owners, and tour operators were planning to raise prices.

Construction companies expect prices to fall, while price expectations among manufacturers eased.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Business Inventories Edge Down In Line With Estimates In March (06 hr(s), 20 min(s), 46 sec(s) ago)
(RTTNews) - The Commerce Department released a report on Wednesday showing a modest decrease in bu ...Full Story»

U.S. Crude Oil Inventories Fall Much More Than Expected (06 hr(s), 31 min(s), 46 sec(s) ago)
(RTTNews) - Crude oil inventories in the U.S. fell by much more than expected in the week ended Ma ...Full Story»

U.S. Homebuilder Confidence Unexpectedly Slumps In May (06 hr(s), 38 min(s), 46 sec(s) ago)
(RTTNews) - With higher mortgage rates weighing on sentiment, the National Association of Home Bui ...Full Story»

New York Manufacturing Index Unexpectedly Indicates Slightly Faster Contraction (07 hr(s), 01 min(s), 46 sec(s) ago)
(RTTNews) - The Federal Reserve Bank of New York released a report on Wednesday showing regional m ...Full Story»

Ireland Residential Property Price Inflation At 15-Month High (07 hr(s), 06 min(s), 46 sec(s) ago)
(RTTNews) - Ireland's residential property price index increased at the fastest pace in more t ...Full Story»

U.S. Retail Sales Unexpectedly Flat In April Amid Decrease In Auto Sales (07 hr(s), 15 min(s), 46 sec(s) ago)
(RTTNews) - With a decrease in sales by motor vehicle and parts dealers offsetting increases in sa ...Full Story»

Sweden Inflation Slows To 3.9%, Lowest In 27 Months (07 hr(s), 27 min(s), 46 sec(s) ago)
(RTTNews) - Sweden's consumer price inflation softened further in April to the lowest level in ...Full Story»

U.S. Consumer Prices Rise 0.3% In April, Slightly Less Than Expected (07 hr(s), 48 min(s), 46 sec(s) ago)
(RTTNews) - A highly anticipated report released by the Labor Department on Wednesday showed consu ...Full Story»

Financial News: German Companies' Price Expectations Rise Slightly - Ifo

German Companies' Price Expectations Rise Slightly - Ifo

RECENT INTERNATIONAL FINANCIAL NEWS

INTERNATIONAL FINANCIAL NEWS

U.S. Business Inventories Edge Down In Line With Estimates In March

U.S. Crude Oil Inventories Fall Much More Than Expected

U.S. Homebuilder Confidence Unexpectedly Slumps In May

New York Manufacturing Index Unexpectedly Indicates Slightly Faster Contraction

Ireland Residential Property Price Inflation At 15-Month High