Search

Client support: Phone: +357 (22) 008796

News

Show news:


14.06.2018 06:09

Consumer prices in Germany were 2.2% higher in May 2018 than in May 2017

The the inflation rate, as measured by the consumer price index, was markedly up on the preceding months An inflation rate of +2.2% was last recorded in February 2017. Compared with April 2018, the consumer price index rose by 0.5% in May 2018. The Federal Statistical Office (Destatis) thus confirms its provisional overall results of 30 May 2018.

The rise in the inflation rate in May 2018 was mainly due to energy prices. The year-on-year increase in energy prices (+5.1%) was markedly higher than in the previous month (April 2018: +1.3%). In particular, prices of heating oil (+24.3%) and motor fuels (+8.2%) were up in May 2018 on May 2017. Year-on-year price rises were also recorded for electricity (+1.5%) and charges for central and district heating (+0.5%), while prices of solid fuels (-1.5%) and gas (-1.1%) were down. Excluding energy prices, the inflation rate in May 2018 would have been +1.8%; excluding the prices of mineral oil products, it would have been +1.7%.

Market Focus

  • ECB's Weidmann says first ECB rate hike could follow the end of QE more closely than in the U.S
  • Industrial producer prices rose by 0.1% in the euro area (EA19) and by 0.2% in the EU28
  • European Commission forecasts Euro Zone inflation will accelerate to 1.6 pct y/y in 2019 from 1.5 pct y/y seen in 2018
  • UK service providers signalled a modest rebound in business activity - Markit
June 2018
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002

Quotes

All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.

To maximize our visitors browsing experience TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. If you disagree, you may change your browser settings at any time. Read more

  • To maximize our visitors browsing experience TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. If you disagree, you may change your browser settings at any time. Read more

    © 2011-2018 TeleTrade DJ Limited

  • Risk Warning: Trading Forex and CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work both to your advantage and disadvantage. There is a possibility that you may lose all of your initial investments, so you should not risk more than you are prepared to lose.

  • Prior to trading you should make sure you fully understand all the risks involved and take into consideration your level of experience and financial situation. TeleTrade strives to provide you with all the necessary information and protective measures, but if the risks seem still unclear to you, please seek independent advice.

  • The information presented on this website should not be perceived as a basis for investment decision making and is intended solely for informational purposes.

Connect with Us
Share on
social networks
Online
consultant
Request a callback
Top Page