FOREX TradingCharts.com

Financial News: German Inflation At 5-month High

German Inflation At 5-month High

01/03/2020 - 08:46:00 (RTTNews)

(RTTNews) - Germany's consumer price inflation was the highest in five months in December, preliminary data from the Federal Statistical Office showed on Friday.

The consumer price index, or CPI, climbed 1.5 percent year-on-year following increases of 1.1 percent each of the previous two months. Economists had forecast an inflation rate of 1.4 percent.

The latest inflation rate was the highest since July, when it was 1.7 percent.

Food inflation accelerated to 2.1 percent from 1.8 percent, while the fall in energy prices eased to 0.1 percent from 3.7 percent.

On a month-on-month basis, the CPI grew 0.5 percent after a 0.8 percent slump in November. Economists were looking for a 0.4 percent increase.

The harmonized index of consumer prices, or HICP, which is meant for EU comparison, climbed to 1.5 percent annually from 1.2 percent in November. Economists were looking for 1.4 percent inflation.

Compared to the previous month, the HICP rose 0.6 percent in December after a 0.8 percent slump in the previous month. Economists had predicted a 0.4 percent increase.

On an annual average, the inflation based on both the CPI and the HICP was 1.4 percent in 2019.

The statistical office is set to publish the final results for December on January 16.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Singapore Industrial Production Decline Slows In December (01 hr(s), 33 min(s), 42 sec(s) ago)
(RTTNews) - Singapore industrial production declined at a slower pace in December, data from the E ...Full Story»

European Economics Preview: Eurozone Flash PMI Data Due (03 hr(s), 20 min(s), 42 sec(s) ago)
(RTTNews) - Flash Purchasing managers' survey data from euro area and the UK are due on Friday ...Full Story»

New Zealand Inflation Eases; Credit Card Spending Falls (03 hr(s), 23 min(s), 42 sec(s) ago)
(RTTNews) - New Zealand consumer price inflation eased in the fourth quarter, and credit card spen ...Full Story»

Japan's Inflation Accelerates In December (28 min(s), 18 sec(s) ago)
(RTTNews) - Japan's inflation accelerated in December but remained well below the 2 percent ta ...Full Story»

Australia's Private Sector Output Logs Record Fall (49 min(s), 18 sec(s) ago)
(RTTNews) - Australia's private sector output declined at the sharpest pace since the survey b ...Full Story»

Japan Private Sector Rebounds In January (54 min(s), 18 sec(s) ago)
(RTTNews) - Japan's private sector rebounded at the start of 2020, driven by the expansion in ...Full Story»

New Zealand Consumer Price Data Due On Friday (06 min(s), 18 sec(s) ago)
(RTTNews) - New Zealand will on Friday see Q4 numbers for consumer prices, highlighting a modest d ...Full Story»

Lagarde Launches Broad Review Of ECB Policy Strategy (26 min(s), 18 sec(s) ago)
(RTTNews) - European Central Bank President Christine Lagarde on Thursday launched a broad review ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Singapore Industrial Production Decline Slows In December

01/24/2020 - 01:50 AM (RTTNews)
(RTTNews) - Singapore industrial production declined at a slower pace in December, data from the E ...Full Story>>

European Economics Preview: Eurozone Flash PMI Data Due

01/24/2020 - 00:03 AM (RTTNews)
(RTTNews) - Flash Purchasing managers' survey data from euro area and the UK are due on Friday ...Full Story>>

New Zealand Inflation Eases; Credit Card Spending Falls

01/24/2020 - 00:00 AM (RTTNews)
(RTTNews) - New Zealand consumer price inflation eased in the fourth quarter, and credit card spen ...Full Story>>

Japan's Inflation Accelerates In December

01/23/2020 - 23:52 PM (RTTNews)
(RTTNews) - Japan's inflation accelerated in December but remained well below the 2 percent ta ...Full Story>>

Australia's Private Sector Output Logs Record Fall

01/23/2020 - 23:13 PM (RTTNews)
(RTTNews) - Australia's private sector output declined at the sharpest pace since the survey b ...Full Story>>
Copyright © 2020. 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.