German Prices Stagnate in January |
|
German prices remained unchanged in January, after accelerating in the last quarter of 2009. Inflation shifted from -0.30% in September to 0.00% in October, then 0.40% in November reflecting the improvement seen in the economy starting from the second quarter. The gigantic economy in the euro area left the recession in the second quarter, when it grew by 0.4% followed by 0.7% expansion in the third quarter. The stimulus measures adopted by both ECB and the German government boosted growth and
Filed under: Fundamental
Latest Posts
- US: Another Inventory Contraction for Wholesale Sector, Sales up
- China: When will exports revert to pre-crisis levels?
- March 2010 - Cold shower for British pound
- Canada’s jobs growth likely slowed in February
- Hungary: CPI slowed to 5.7% y/y in February
- Best pair to trade now:USD/CHF
- Russian Central bank continues to adjust the Ruble basket trading band
- Gold Daily Technical Outlook
- Dovish RBNZ Sends NZD Plummeting
- Quite interesting that the Euro failed to take out the 1.3700 level today
- Majors’ sentiment for today
- Hungary: GDP declined 4% y/y
- Starting the day
- Forex - RBNZ Dovish, SNB Still To Come
- EUR/USD Daily Outlook