Market news
16.05.2018, 06:43

Consumer prices in Germany rose by 1.6% in April

Consumer prices in Germany rose by 1.6% in April 2018 compared with April 2017. In March 2018, the inflation rate as measured by the consumer price index was +1.6%, too. The consumer price index remained unchanged in April 2018 on March 2018. The Federal Statistical Office (Destatis) thus confirms its provisional overall results of 30 April 2018.

Compared with April 2017, the prices of energy products were up 1.3% in April 2018. The rise in energy prices was thus smaller than the overall price increase. In the preceding two months, the increase in energy prices had been much smaller (March 2018: +0.5%; February 2018: +0.1%). From April 2017 to April 2018, price rises were recorded especially for heating oil (+8.0%). The prices of electricity (+1.6%), motor fuels (+0.6%) and charges for central and district heating (+0.6%) were also up on a year earlier. In contrast, price decreases were recorded in the same period for solid fuels (-1.9%) and gas (-1.3%). Excluding energy prices, the inflation rate in April 2018 would have been +1.6% as well.

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location