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Inflation in Germany slowed to 1.4% in January

22.02.2019 10:01:12

In January, a slowdown in annual inflation rates was recorded in Germany to 1.4% from 1.6% in December, the country's statistical office reported. Compared to December, consumer prices fell by 0.8%. According to EU standards, consumer prices in annual terms rose by 1.7%. In monthly terms, there was a decrease of 1%. Energy prices rose by 2.3% compared to January 2018. The inflation rate, which does not take into account energy, was at the level of 1.3%. Food prices increased by 0.8%. In the first month of the year, the rise in prices for goods was 1.3%. Services increased in price by 1.4%.

Latest News

27.07.2020 13:00:22

Germany to implement tough audit regulations after the Wirecard scandal

On Monday, Deutsche Bundesbank’s President Jens Weidmann said in a newspaper interview that Germany would toughen its auditing and accounting regulations to prevent another scam like the Wirecard scandal. Wirecard AG (WDI), a financial ...

07.07.2020 08:01:15

Philippine inflation at faster pace in June as government lifts lockdown

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 ...

03.07.2020 13:01:17

Taiwan’s June exports may be down 3%, inflation -0.87%: Reuters poll

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 ...

15.06.2020 14:01:07

Germany’s contribution to the EU budget will increase in the coming years

Germany’s contribution to the European Union’s budget would rise by 42% or 13 billion Euros ($14.63 billion) annually in the coming years, the German national daily newspaper Die Welt reported on Monday. Government calculations ...

10.06.2020 12:01:14

Asian stocks mixed after China releases gloomy inflation data

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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