Tue, 21-Oct-2025

German inflation hits record high in May

German inflation

German inflation climbed to a fresh file excessive of 7.9 percent in May, authentic information confirmed Monday because the battle in Ukraine pushed already high energy and meals prices up in addition. The annual rate, based on preliminary data from the federal statistics agency Destatis, is the highest since German reunification in 1990. The last … Read more

Equity markets extend rally as China eases curbs

Equity markets

Asian stock markets advanced Monday and Europe followed cautiously in their wake on a wave of investor optimism as China eases some of its strict Covid curbs in Shanghai and Beijing. After Tokyo and Hong Kong closed above percent, London equities crept 0.1 percentage beforehand hours from the near even as Frankfurt and Paris delivered … Read more

Energy prices drive German inflation up again in February

German inflation

FRANKFURT: German inflation rose again in February, official data showed on Tuesday, as the crisis in Ukraine added to fears that energy prices could keep inflation in the eurozone higher for longer. Consumer prices rose by 5.1 per cent annually in February, according to the federal statistics agency Destatis, after the pace slowed in January … Read more