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In March of this year, inflation in Germany, calculated according to EU standards, slowed to 1.4% from 1.7% in February. According to Destatis, the March figure was the lowest since April 2018. Compared to the previous month, the increase in consumer prices was at the level of 0.5% in the same way as in February. Both indicators coincided with expert estimates and with preliminary statistical data. Annual inflation in Germany, calculated according to national standards, was 1.3% in March. Compared with February, consumer prices increased by 0.4%, also confirming the forecasts of economists. Rising energy prices in annual terms accelerated to 4.2% from 2.9% in the previous month. The cost of food increased by 0.7%, while the prices of clothes and shoes decreased by 0.7%. The cost of services increased by 1.2%.
The Dollar traded lower earlier on Thursday in European markets after new hope of an economic recovery in Europe bolstered sentiment. The Dollar index fell by 0.1% to 954.808 at 3:10 AM ET (0710 GMT), gaining only slightly from the four-month ...
June had seen Philippine inflation advancing faster than what was initially thought. This followed after one of the world’s longest coronavirus lockdowns was lifted. Moreover, food, fuel prices, and the transport index were seen at higher ...
Taiwan's exports for June has been forecasted to have dropped by 3% in contrast to a year earlier, according to a median forecast of 13 analysts polled by Reuters. The results are based on the uncertainties of the COVID-19 pandemic as it continues ...
Lufthansa’s Chief Executive Officer Carsten Spohr announced on Sunday that the company would seek to avoid grounding and insolvency before a showdown between the airline’s biggest shareholder and the German government over the ...
Asian shares traded slightly higher earlier on Wednesday after China released gloomy inflation data on the same day. China’s Shanghai Composite slid by 0.68% at 10:48 PM ET (3:48 AM GMT), while the Shenzhen Component inched up by 0.9%. Hong ...
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