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%.
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 ...
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 ...
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 ...
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 ...