Germany's import prices for October rose to 1.5 percent in October, slower-than market expectations and down from 1.8 percent recorded last month.
The euro was little changed against its major counterparts after the data. As of 2:02 am ET, the European shared currency was trading at 1.2048 against the Swiss franc, 0.81 against the pound, 106.84 against the yen and 1.2990 against the dollar.
For comments and feedback contact: editorial@rttnews.com
Forex News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.