The Euro slipped today after German inflation data. German annual rate of inflation was confirmed at 4.9% in January, easing from a 1992-high of 5.3% in the previous month. It was the first decline in consumer prices in seven months, and the lowest rate since last September. Food inflation eased to 5.0 percent in January from 6.0 percent in the previous month. On a monthly […]
Germanys consumer price inflation eased in January, as initially estimated, final data from Destatis showed on Friday. The consumer price index rose 4.9% year-on-year in January, after a 5.3% rise in the previous month, as estimated. Energy price growth soared to 20.5% from 18.3% in December. as initially estimated. On a monthly basis, the CPI rose 0.% in January, as estimated. Powered by Commodity Insights
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