GfK’s forward-looking consumer sentiment index for April rose to -29.5 from a revised -30.6 in March, coming in a touch below consensus expectations of -29.2. The headline expectations index fell to 3.7 from 6.0, while the income expectations index improved to -24.3 from -27.3. The propensity to buy index ticked …
Read More »German exports grew in January thanks to strong US demand
Data on Friday showed German exports grew more than expected in January, rising 2.1 percent month-on-month after declining in December, thanks to strong demand from the United States and Britain. A Reuters poll had expected exports to rise 1.5 percent month on month. The data showed that exports to the …
Read More »Germany: Annual HICP edges higher to 9.3% in February
Inflation in Germany, as measured by the Consumer Price Index (CPI), stayed unchanged at 8.7% on a yearly basis in February. This reading came in higher than the market expectation of 8.5%. On a monthly basis, the CPI was up 0.8%. Meanwhile, the annual Harmonised Index of Consumer Prices (HICP), …
Read More »Annual HICP in euro area drops to 9.2% in December
Inflation in the euro area, as measured by the Harmonised Index of Consumer Prices (HICP), declined to 9.2% on a yearly basis in December from 10.1% in November, Eurostat announced on Friday. This reading came in below the market expectation of 9.7%. The annual Core HICP rose to 5.2% from …
Read More »Eurozone HICP Forecasts
Eurostat will release Harmonised Index of Consumer Prices (HICP) data for October on Monday, October 31 at 10:00 GMT. As we get closer to the release time, here are the expectations forecast by the economists and researchers of three major banks regarding the upcoming EU inflation print. TDS “We look …
Read More »Germany: Annual CPI rises to 10.4% in October
As measured by the Consumer Price Index (CPI), annual inflation in Germany climbed to 10.4% in October from 10% in September, Germany’s Destatis reported on Friday. This reading came in higher than the market expectation of 10.1%. Meanwhile, the Harmonised Index of Consumer Prices (HICP), the European Central Bank’s (ECB) …
Read More »German Gas Commission Experts: First relief measure should be in place by end-2022
After 35 hours of consultations, the German Gas Committee on Monday presented its statement to the German government regarding its recommendations for the terms of the gas price support program in Germany. The committee’s statement addressed the following points: The cost of the proposed gas price support package is estimated …
Read More »German exports grow more than expected despite the global economic slowdown
Germany’s exports grew slightly more than expected in August, the German Federal Statistics Office said on Wednesday, despite a slowing global economy, rising interest rates and a shortage of materials. Strong demand from the United States and China boosted German exports to 133.1 billion euros ($132.59 billion) in August, up …
Read More »Germany: Annual CPI inflation jumps to 10% in September
As measured by the Consumer Price Index (CPI), annual inflation in Germany climbed to 10% in September from 7.9% in August, Germany’s Destatis reported on Thursday. This reading came in higher than the market expectation of 9.4. Meanwhile, the Harmonised Index of Consumer Prices (HICP), the European Central Bank’s (ECB) …
Read More »Germany’s August inflation slowed to 0.3%
Inflation in Germany slowed down in August to 0.3% versus 0.9% in July, in line with expectations, but on an annual basis, inflation rose to 7.9% in line with expectations, continuing above 7%. The main reason for the rise in inflation remains the high prices of energy and food products, …
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