country flagالعربية

Germanys consumer price inflation held steady in April

2018-05-16 07:50 am | Resource: NEWS | No Views : 35


Germany's consumer price inflation held steady in April, as previously estimated, final data from Destatis showed Wednesday.

Consumer prices climbed 1.6 percent year-on-year in April, the same rate of increase as seen in March and in line with the estimate released on April 30.

On a month-on-month basis, the consumer price index remained unchanged in April, after rising 0.4 percent in March. The provisional estimate was confirmed.

Energy prices gained 1.3 percent on year in April. Excluding energy, inflation was 1.6 percent.

The harmonized index of consumer prices, the HICP, increased 1.4 percent annually, as estimated, slightly slower than the 1.5 percent rise in March. On a monthly basis, the index fell 0.1 percent as estimated

Other analysis

USDJPY Technical analysis 24 May 2018

Time frame Used - four hours   The USDJPY is moving in a bearish direction in the near term    The USDJPY was able to control the USDJPY move to the support level of  109.49, forming a double bottom   In view of the technical indicators Both the RSI and the Stochastic are indicating the arrival of indicators to the oversold area Accordingly, we expect that  the USDJPY will  test levels…

More analysis

Best trading brokers

All Rights Reserved
Risk Disclaimer: Trading in foreign exchange market (Forex) includes the risks and the possibility of loss. That is why we are keen on providing the highest quality news and analysis concerning the different markets traded. The opinions expressed in the site indicate the opinion of the author only and not the views of the administration or the public, knowing that errors could be encountered and there is a possibility to commit them. Before starting to trade you should carefully consider your investment objectives, and review the level of experience and risk appetite. In some cases, possible high leverage can lead to loss of funds invested, so you can not invest money that you can not handle its possible loss. You should be aware of all the risks associated with foreign exchange trading and seek for advices from an independent financial advisor if you have any does not assume any responsibility after the occurrence of financial loss to the dealer and the user carries full responsibility for the losses resulting from the use of news, analysis and data on the site.