FOREX TradingCharts.com

Financial News: German Inflation Highest In 2 Years

German Inflation Highest In 2 Years

04/29/2021 - 10:53:00 (RTTNews)

(RTTNews) - Germany's consumer price inflation accelerated to its highest level in two years in April, preliminary data from Destatis showed Thursday. The consumer price index rose 2.0 percent year-on-year following 1.7 percent increase in March. Economists had forecast 1.9 percent inflation. The latest inflation rate was the highest since April 2019, when it was at the same level. Energy inflation accelerated to 7.9 percent from 4.8 percent. Food price growth climbed to 1.9 percent from 1.6 percent. Services prices rose 1.6 percent, same as in the previous month. Compared to the previous month, the CPI climbed 0.7 percent in April after a 0.5 percent rise in March. Economists had expected the monthly inflation rate to remain steady. The harmonized index of consumer prices, which is meant for EU comparison, rose 2.1 percent year-on-year in April after a 2.0 percent increase in the previous month. Economists had forecast a 2.0 percent inflation. The HICP inflation rate was also the highest since April 2019. On a month-on-month basis, the HICP rose 0.5 percent from March, when it increased at the same pace. Economists had expected a 0.4 percent climb. Destatis is set to publish the final figures for April inflation on May 12.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Services Index Unexpectedly Pulls Back Off All-Time In April (07 hr(s), 32 min(s), 56 sec(s) ago)
(RTTNews) - After reporting an unexpected slowdown in U.S. manufacturing growth earlier this week, ...Full Story»

U.S. Private Sector Job Growth Accelerates But Misses Estimates In April (08 hr(s), 46 min(s), 56 sec(s) ago)
(RTTNews) - Private sector job growth in the U.S. accelerated in the month of April but still came ...Full Story»

Thai Central Bank Holds Key Rate As Expected (09 hr(s), 06 min(s), 56 sec(s) ago)
(RTTNews) - Thailand's central bank kept its key interest rate unchanged at a record low, as w ...Full Story»

U.S. Private Sector Employment Jumps Less Than Expected In April (09 hr(s), 34 min(s), 56 sec(s) ago)
(RTTNews) - Private sector job growth in the U.S. accelerated in the month of April but still came ...Full Story»

South Africa Private Sector Growth Strongest Since March 2012 (09 hr(s), 58 min(s), 56 sec(s) ago)
(RTTNews) - South Africa's private sector expanded at the fastest pace in nearly a decade in A ...Full Story»

Latvia Industrial Production Increases In March (10 hr(s), 40 min(s), 56 sec(s) ago)
(RTTNews) - Latvia's industrial production rose in March, data from the Central Statistical Bu ...Full Story»

Spain Unemployment Falls For Second Straight Month (10 hr(s), 49 min(s), 56 sec(s) ago)
(RTTNews) - Spain's unemployment decreased for the second straight month in April with the eas ...Full Story»

India Central Bank Unveils Measures To Counter COVID-19 Impact (10 hr(s), 57 min(s), 56 sec(s) ago)
(RTTNews) - India's central bank unveiled a slew of measures on Wednesday as the second wave o ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Services Index Unexpectedly Pulls Back Off All-Time In April

05/05/2021 - 10:23 AM (RTTNews)
(RTTNews) - After reporting an unexpected slowdown in U.S. manufacturing growth earlier this week, ...Full Story>>

U.S. Private Sector Job Growth Accelerates But Misses Estimates In April

05/05/2021 - 09:09 AM (RTTNews)
(RTTNews) - Private sector job growth in the U.S. accelerated in the month of April but still came ...Full Story>>

Thai Central Bank Holds Key Rate As Expected

05/05/2021 - 08:49 AM (RTTNews)
(RTTNews) - Thailand's central bank kept its key interest rate unchanged at a record low, as w ...Full Story>>

U.S. Private Sector Employment Jumps Less Than Expected In April

05/05/2021 - 08:21 AM (RTTNews)
(RTTNews) - Private sector job growth in the U.S. accelerated in the month of April but still came ...Full Story>>

South Africa Private Sector Growth Strongest Since March 2012

05/05/2021 - 07:57 AM (RTTNews)
(RTTNews) - South Africa's private sector expanded at the fastest pace in nearly a decade in A ...Full Story>>

Do not sell my personal information

Copyright © 2021. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.