DAX Down Nearly 0.5% As Investors Focus On Economic Data

RTTNews | 21時36分前
DAX Down Nearly 0.5% As Investors Focus On Economic Data

(RTTNews) - German stocks are down in negative territory in cautious trade on Friday as investors digest the nation's import prices and retail sales data and await U.S. inflation data due later in the day,

Data from Destatis showed Germany's import prices declined for the fourth straight month in July due to falling energy prices. A separate data from Destatis showed that retail sales in Germany dropped in July.

The benchmark DAX was down 107.95 points or 0.45% at 23,936.28 a few minutes ago.

Infineon Technologies is down 2.5%. Deutsche Bank, BASF, SAP and Siemens Energy are down 1.4 to 2%.

Volkswagen, Porsche Automobil Holding, Porsche, Adidas, Zalando and Mercedes Benz, Commerzbank, BMW, Brenntag, Bayer, Beiersdorf and RWE are also notably lower.

Rheinmetall is rising nearly 3.5%. Siemens, Fresenius Medical Care and Merck are gaining 0.6 to 0.75%. Heidelberg Materials and Fresenius are up with modest gains.

Data from Destatis showed Germany's import prices dropped 1.4% in July from a year ago, the same as in the previous month. Economists had forecast an annual drop of 1.2%.

The sharp decrease in energy prices had the biggest impact on overall import prices, Destatis said. Energy prices plunged 12.5%. Excluding energy, import prices were down 0.2% from July 2024.

On a monthly basis, import prices fell 0.4% after remaining flat in June.

Further, data showed that export price inflation softened to 0.6% in July from 0.7% a month ago.

Separate official data showed that retail sales declined 1.5% monthly in July, in contrast to a 1% recovery in June. Food sales contracted 1.8%, and those of non-food sales slid by 0.7%. The annual retail sales growth eased notably to 1.9% from 4.9%.

Meanwhile, the seasonally adjusted unemployment rate in Germany was unchanged from the previous month at 6.3% in August of 2025, aligned with market expectations to tie the highest ratio since September of 2020.

read more
German Inflation Accelerates To 2.2% In August

German Inflation Accelerates To 2.2% In August

Consumer price inflation in Germany climbed in August to its highest level in five months, while the core figure was steady amid an acceleration in food price growth, and weakened chances for further easing from the European Central Bank in the near term.
RTTNews | 11時22分前
Swiss Market Ends Modestly Lower

Swiss Market Ends Modestly Lower

Save for a very brief while early on in the session, and for less than an hour a little past mid afternoon, the Switzerland market stayed in negative territory on Friday with investors largely staying cautious due to a lack of positive triggers.
RTTNews | 14時12分前
European Stocks Close Lower On Geopolitical Tensions

European Stocks Close Lower On Geopolitical Tensions

European stocks closed lower on Friday, weighed down by geopolitical concerns due to rising clashes in Gaza and Ukraine, and political uncertainty in France. Investors also digested the latest batch of economic data, including the closely watched U.S. personal consumption expenditure report.
RTTNews | 14時41分前
Chicago Business Barometer Slumps Much More Than Expected In August

Chicago Business Barometer Slumps Much More Than Expected In August

MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.
RTTNews | 17時44分前
U.S. Consumer Prices Increase In Line With Estimates In July

U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.
RTTNews | 18時27分前