German Inflation Weakest Since Early 2022

RTTNews | 589 days ago

(RTTNews) - Germany inflation slowed in September to the lowest since the outbreak of the war in Ukraine, provisional data from Destatis showed on Thursday.

The consumer price index registered an annual increase of 4.5 percent in September, following a 6.1 percent rise in August. This was the lowest rate since February 2022, when inflation stood at 4.3 percent and also weaker than economists' forecast of 4.6 percent.

Likewise, excluding food and energy, core inflation softened to 4.6 percent from 5.5 percent in the previous month.

At 7.5 percent, food prices continued to log above-average growth. However, energy prices gained only 1.0 percent due to the low base of comparison. In August, energy prices were up 8.3 percent.

The year-on-year increase in goods cost weakened to 5.0 percent from 7.1 percent. Similarly, services cost rose at a slower pace of 4.0 percent after climbing 5.1 percent.

On a monthly basis, the CPI was up 0.3 percent, the same rate as seen in August and slightly below the expected rate of 0.4 percent.

Data showed that harmonized index of consumer prices advanced 4.3 percent annually in September, which was much slower than the prior month's 6.4 percent gain. Prices were forecast to grow 4.7 percent.

The monthly growth in the HICP halved to 0.2 percent from 0.4 percent in August, while the rate was expected to remain unchanged at 0.4 percent.

Flash inflation data for the 20-nation currency bloc is due on September 29. Eurozone inflation is forecast to slow to 4.5 percent from 5.2 percent in August.

Tags: EUR

German Exports Rise More Than Forecast

Germany's exports increased more than expected in March driven by robust shipments to the US and China, official data revealed on Thursday. Exports increased 1.1 percent on a monthly basis in March but this was weaker than February's 1.8 percent gain, Destatis reported. Shipments were expected to climb 1.0 percent. Meanwhile, imports fell unexpectedly by 1.4 percent, reversing a 0.5 percent ris

RTTNews | 1 day ago

German Factory Orders Rebound Ahead Of U.S. Tariffs

Germany's factory orders grew more than expected in March as U.S. manufacturers front-loaded their orders to avoid higher tariffs, official data revealed Wednesday. Factory orders advanced 3.6 percent month-on-month in March after remaining flat in February, Destatis reported. Orders are forecast to grow 1.4 percent.

RTTNews | 1 day ago

Eurozone Private Sector Growth Eases On Weaker Demand

Euro area private sector growth weakened in April as soft demand conditions limited the speed of expansion and weighed on sentiment, final results of the purchasing managers' survey by S&P Global showed on Tuesday. The HCOB final composite output index fell to 50.4 in April from 50.9 in March, but the reading suggested growth for the fourth straight month.

RTTNews | 2 days ago

Eurozone Inflation Remains Stable At 2.2%

Euro area annual inflation remained stable in April near the European Central Bank's 2 percent target, but the trade tariff uncertainty clouds the outlook. The harmonized index of consumer prices grew 2.2 percent on a yearly basis in April, the same pace of increase as seen in March, flash data from Eurostat showed on Friday. Prices were expected to climb at a slower pace of 2.1 percent.

RTTNews | 6 days ago

Eurozone Manufacturing Activity Shrinks At Slower Pace

Euro area factory activity contracted at a slower pace in April as production grew at the fastest pace in more than three years, final data of the purchasing managers' survey by S&P Global showed Friday. The HCOB manufacturing Purchasing Managers' Index rose to a 32-month high of 49.0 in April from 48.6 in March. The score was also above the flash estimate of 48.7.

RTTNews | 6 days ago

German Inflation At 6-Month Low, Core Figure Accelerates First Time In 4 Months

Germany's consumer price inflation slowed for a second straight month in April to its lowest level in six months as energy prices continued to fall, but the core price growth accelerated for the first time since December as services cost growth increased, which warrants caution from the European Central Bank that is set to reduce interest rates further.

RTTNews | 8 days ago

Eurozone GDP Growth Gains Strength In Q1

Euro area economic growth accelerated in the first quarter as exports may have benefited from higher demand from the U.S. ahead of the imposition of higher trade tariffs. The quarterly growth in gross domestic product doubled to 0.4 percent from 0.2 percent seen in the fourth quarter of 2024, preliminary flash estimates from Eurostat showed on Wednesday.

RTTNews | 8 days ago

German Economy Recovers On Spending, Investment

The German economy recovered in the first quarter driven by higher private consumption and investment, flash data from Destatis revealed on Wednesday. Gross domestic product grew 0.2 percent sequentially, offsetting the 0.2 percent fall in the preceding quarter. The rate also matched economists' expectations. The calendar-adjusted GDP posted an annual fall of 0.2 percent.

RTTNews | 9 days ago

EURUSD	1.12531	GBPUSD	1.32742	AUDUSD	0.64035
USDJPY	145.15	USDCAD	1.3912	USDCHF	0.83075

Advertisement

German Inflation Weakest Since Early 2022