Germany's consumer price inflation accelerated more than expected in November, preliminary figures from Destatis showed Monday. The consumer price index rose 5.2 percent year-on-year following a 4.5 percent increase in October. Economists had forecast 5.0 percent inflation. The record high of CPI inflation for Germany is 6.2 percent logged in 1992. Compared to the previous month, the CPI decreased...
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.