Trends - German inflation - Business Recorder

German inflation

Germany’s May inflation rises 2.8% on higher services prices

BERLIN: German inflation rose in May due to higher services prices, the federal statistics office said on Wednesday,...

Published 12 Jun, 2024 01:41pm

Business & Finance

German final inflation confirmed at 2.4% in April

BERLIN: German inflation inched up in April to 2.4%, the federal statistics office said on Tuesday, confirming...

Published 14 May, 2024 12:21pm

Business & Finance

Volkswagen profits fall in ‘slow start to year’

FRANKFURT: German auto giant Volkswagen reported Tuesday that profits fell sharply at the start of the year as...

Published 30 Apr, 2024 11:20am

Markets

European stocks eke out gains after German inflation data

PARIS: European shares closed below day highs on Monday after Germany reported higher-than-expected inflation, while...

Published 30 Apr, 2024 03:43am

Business & Finance

UK inflation rate rises to 4% in December

LONDON: Britain’s annual rate of consumer price inflation rose for the first time in 10 months in December,...

Published 17 Jan, 2024 12:27pm

Business & Finance

German inflation rises to 3.8% in December

BERLIN: German inflation rose in December to 3.8%, the federal statistics office said on Tuesday, confirming...

Published 16 Jan, 2024 01:02pm

Markets

European shares bounce back from three-week lows

PARIS: European shares recouped some losses on Thursday after hitting three-week lows in the previous session, with...

Published 05 Jan, 2024 03:12am

Markets

European shares hit near 22-month highs on luxury boost

PARIS: European shares advanced on Friday to briefly hit their highest level since February 2022 and end their ...

Published 09 Dec, 2023 05:46am

Business & Finance

Dollar slips, yuan gains

NEW YORK: The US dollar slid and China’s yuan gained on Wednesday after Chinese manufacturing activity expanded at...

Published 02 Mar, 2023 06:23am

Business & Finance

German inflation edges higher in January

FRANKFURT: German inflation picked up slightly in January, preliminary data showed Thursday, as the impact of a...

Published 09 Feb, 2023 01:12pm

Business & Finance

German factory orders plunge in November

BERLIN: German industrial orders fell sharply in November to hit their lowest level in more than two years, official...

Published 06 Jan, 2023 02:53pm

Markets

European shares rise on Big Pharma boost

PARIS: European shares rose on Tuesday, with large-cap pharmaceutical companies boosting the main STOXX 600 index,...

Published 04 Jan, 2023 06:02am

World

Near 50-year high German inflation strengthens case for larger ECB rate rise

BERLIN: German inflation rose to its highest level in almost 50 years in August, beating a high set only three...

Published 30 Aug, 2022 06:59pm

World

Scholz pledges more help for Germans to fight inflation

BERLIN: German Chancellor Olaf Scholz on Thursday promised further measures to shield Germans from soaring inflation...

Published 11 Aug, 2022 04:56pm

Business & Finance

German inflation hits 40-year record in April

FRANKFURT: Inflation in Germany rose at its fastest pace in four decades, data published Thursday showed, as...

Published 29 Apr, 2022 05:43am

Business & Finance

German inflation hits post-reunification high at 7.3%

FRANKFURT: Inflation in Germany surged in March to a record high since reunification in 1990, official figures...

Published 30 Mar, 2022 07:08pm

Markets

German bond yields edge higher, focus on next ECB steps

MILAN: German government bond yields edged higher on Thursday, with investors weighing risk-aversion triggered by ...

Published 03 Mar, 2022 02:45pm

Business & Finance

German inflation slows for first time since June

FRANKFURT: The rate of inflation in Germany fell for the first time in seven months in January, official figures on...

Published 31 Jan, 2022 06:48pm

Business & Finance

German inflation hits 5.3% in December, highest since 1992

FRANKFURT: Consumer prices in Germany rose in December at their fastest pace since June 1992, official data showed ...

Published 06 Jan, 2022 07:02pm

Business & Finance

German inflation hits 29-year high in November

FRANKFURT: German consumer prices hit a 29-year high in November, preliminary data showed Monday, as soaring energy...

Published 30 Nov, 2021 05:23am

Business & Finance

German inflation hits highest since 1993 on energy prices

FRANKFURT: German consumer prices rose at their fastest pace since 1993 in September on the back of higher energy...

Published 30 Sep, 2021 06:06pm

Markets

Sharp rise in European sentiment helps stocks higher

EU economic sentiment surges to 21-year high in June.
Germany's DAX leads gains on Adidas boost.
German inflation eases in June, still above C.bank target.
Germany's Knorr slumps on report of possible Hella buy.

Published 29 Jun, 2021 09:32pm

Business & Finance

German inflation eases slightly in June

Consumer prices rose by 2.3 percent year-on-year, dipping below last month's 2.5 percent when the index reached its highest level since 2011.

Published 29 Jun, 2021 07:14pm

Markets

Euro zone bond yields rise with German inflation

Though yields started the week higher, they stayed far below recent highs, as expectations of a dovish tone from the European Central Bank at its June 10 meeting continued to drive the market.
Inflation has been bond investors' key focus this year, driven higher by pent-up demand and supply constraints as economies re-open, and whether it will be transitory as central bankers argue.

Published 31 May, 2021 07:04pm

World

German inflation pushes further above ECB target in May

HICP accelerates to 2.4% from 2.1% in April.
ECB targets inflation close to but below 2%.
ECB has pushed back against predictions of new inflation era.

Published 31 May, 2021 06:31pm

World

German inflation pushes above ECB target in April

Consumer prices, harmonised to make them comparable with inflation data from other European Union countries, rose by 2.1% in April, up from 2.0% in March. A Reuters forecast had pointed to an April reading of 2.0%.
On the month, inflation rose 0.5%, the data showed.

Published 29 Apr, 2021 06:03pm

World

Merkel sees coronavirus lockdown until early April

If we don't manage to stop this British virus, then we will have 10 times the number of cases by Easter.
Merkel said the coming eight to ten weeks would be very hard if the British variant spreads to Germany.

Published 12 Jan, 2021 04:49pm

World

German inflation remains in negative territory in December

Consumer prices, harmonised to make them comparable with inflation data from other European Union countries.
December's preliminary data compared with a Reuters forecast for a 0.6% decline.

Published 06 Jan, 2021 06:44pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 31	278.65
USD PKR Interbank Buying / Dec 31	278.45
USD to Japanese Yen / Dec 31	156.20
USD to Swiss Franc / Dec 31	0.90
Pound Sterling to USD / Dec 31	1.26
Euro to USD / Dec 31	1.04

Stock	Volume
S&P 500 / Dec 30	5,906.94
Tokyo Nikkei / Dec 30	39,894.54
Nasdaq / Dec 30	19,486.79
FTSE 100 / Dec 30	8,121.01
Dow Jones / Dec 30	42,573.73
Germany DAX 30 / Dec 30	19,909.14
France CAC40 / Dec 30	7,313.56
India Sensex / Dec 31	78,017.14

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 30	17,785
Gold 10 Grams PKR / Dec 30	241,430.80
Petrol/Litre / Dec 31	252.10
Crude Oil USD/Barrel / Dec 31	71.59
Gold Spot USD/Ounce / Dec 31	2,605.88
Diesel/Litre / Dec 31	255.38

Gainers
Losers
Leaders

Stock	Price
Hira Textile / Dec 31 Hira Textile Mills Limited(HIRAT)	3.95 ▲ 0.65 (19.70%)
Gulshan Sp. / Dec 31 Gulshan Spinning Mills Limited(GSPM)	4.50 ▲ 0.50 (12.50%)
Pak Int.Bulk / Dec 31 Pakistan International Bulk Terminal(PIBTL)	9.38 ▲ 1.00 (11.93%)
Amtex Ltd / Dec 31 Amtex Limited(AMTEX)	3.70 ▲ 0.36 (10.78%)
F. Nat.Equities / Dec 31 First National Equities Limited(FNEL)	4.52 ▲ 0.43 (10.51%)
LSE Financial Serv. / Dec 31 LSE Financial Services Limited(LSEFSL)	15.70 ▲ 1.43 (10.02%)
Ali Asghar / Dec 31 Ali Asghar Textile Mills Limited(AATM)	65.45 ▲ 5.95 (10.00%)
Chakwal Spinning / Dec 31 Chakwal Spinning Mills Limited(CWSM)	64.67 ▲ 5.88 (10.00%)
Dadex Eternit / Dec 31 Dadex Eternit Limited(DADX)	70.52 ▲ 6.41 (10.00%)

Stock	Price
Frontier Ceram / Dec 31 Frontier Ceramics Limited(FRCL)	42.91 ▼ -4.77 (-10.00%)
Khairpur Sug. / Dec 31 Khairpur Sugar Mills Limited(KPUS)	203.81 ▼ -22.65 (-10.00%)
Blue-Ex Ltd / Dec 31 Blue-Ex Limited (GEM)(GEMBLUEX)	43.35 ▼ -4.81 (-9.99%)
National Silk / Dec 31 The National Silk & Rayon Mills Limited(NSRM)	50 ▼ -5.44 (-9.81%)
AL-Noor Sugar / Dec 31 Al-Noor Sugar Mills Limited(ALNRS)	77.25 ▼ -8.30 (-9.70%)
Shahmurad Sugar / Dec 31 Shahmurad Sugar Mills Limited(SHSML)	428 ▼ -45.13 (-9.54%)
Karam Ceramics / Dec 31 Karam Ceramics Limited(KCL)	54.04 ▼ -5.46 (-9.18%)
Int. Knit. / Dec 31 International Knitwear Limited(INKL)	16.12 ▼ -1.50 (-8.51%)
Hallmark Co. / Dec 31 Hallmark Company Limited(HCL)	780 ▼ -72.49 (-8.50%)

Stock	Volume
Cnergyico PK / Dec 31 Cnergyico PK Limited(CNERGY)	146,614,800 ▲ 0.50
WorldCall Telecom / Dec 31 Worldcall Telecom Limited(WTL)	111,551,930 ▼ -0.02
B.O.Punjab / Dec 31 The Bank of Punjab(BOP)	84,182,656 ▲ 0.14
Silk Bank Ltd / Dec 31 Silkbank Limited(SILK)	48,777,302 ▼ -0.03
K-Electric Ltd. / Dec 31 K-Electric Limited(KEL)	45,320,218 ▲ 0.08
Fauji Foods Ltd / Dec 31 Fauji Foods Limited(FFL)	43,857,554 ▲ 0.72
Pak Elektron / Dec 31 Pak Elektron Limited(PAEL)	36,348,761 ▼ -0.49
Pak Int.Bulk / Dec 31 Pakistan International Bulk Terminal(PIBTL)	31,225,102 ▲ 1.00
Sui South Gas / Dec 31 Sui Southern Gas Company Limited(SSGC)	30,315,237 ▼ -0.72

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German inflation

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