German producer prices post first fall since late 2020

German producer prices fell more than expected in July, marking their first decline in over two-and-a-half years, as easing energy prices raised hopes for a further decrease in inflation in Europe's largest economy.

reuters.com

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8/21/2023

European stocks higher; German inflation retreats, China cuts interest rate By Investing.com

European stock markets rise as German producer prices drop, China's rate cut disappoints, and the UK housing market slumps; oil prices rebound on tight supplies and expectations of lower output.

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Euro falls on gloomy PMI data, dollar hits 2-month high

The euro fell to a two-month low against the dollar and a 12-month low against the pound after German and eurozone business activity slumped more than expected in August, leading to concerns about the state of the European economy and potential pauses in tightening measures by the European Central Bank, while the dollar rose to a two-month peak amid positive U.S. economic data.

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8/30/2023

German inflation eases slightly in August

German inflation fell slightly in August, but economists predict that the downward trend will continue in the coming months, with food prices showing above-average growth.

9/4/2023

German exports fall less-than-expected 0.9% in July

German exports fell 0.9% in July, less than expected, due to global demand weakness and supply-chain friction.

9/6/2023

German industrial orders fall more than expected in July

German industrial orders fell more than expected in July, declining by 11.7% on a seasonally and calendar adjusted basis, due to a large order in the aerospace sector the previous month, indicating weakness in the global economy and high energy costs.

9/7/2023

European stocks slip; German industrial production weaken further By Investing.com

European stock markets weakened on Thursday due to signs of slowing growth in Europe and China, as well as concerns about future Federal Reserve tightening. German industrial production fell more than expected, adding to the struggles of the eurozone's largest economy. China's exports and imports also fell in August, indicating continued pressure on its manufacturing sector. Additionally, stronger-than-expected US inflation data raised concerns about sticky inflation. Oil prices fell as signs of slowing Chinese growth overshadowed a draw in US inventories.

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Posted 8/21/2023, 8:41:10 AM

German producer prices post first fall since late 2020

reuters.com

Relevant topic timeline:

8/21/2023

European stocks higher; German inflation retreats, China cuts interest rate By Investing.com

European stock markets rise as German producer prices drop, China's rate cut disappoints, and the UK housing market slumps; oil prices rebound on tight supplies and expectations of lower output.

8/23/2023

Euro falls on gloomy PMI data, dollar hits 2-month high

8/30/2023

Bonds, Stocks Fall as Inflation Makes Comeback: Markets Wrap

8/30/2023

German inflation eases slightly in August

German inflation fell slightly in August, but economists predict that the downward trend will continue in the coming months, with food prices showing above-average growth.

9/4/2023

German exports fall less-than-expected 0.9% in July

German exports fell 0.9% in July, less than expected, due to global demand weakness and supply-chain friction.

9/6/2023

German industrial orders fall more than expected in July

9/7/2023

European stocks slip; German industrial production weaken further By Investing.com