Germany's harmonized inflation slowed in January underpinned by government subsidies on energy bills, official data showed Thursday.Inflation, based on the harmonized index of consumer prices, eased unexpectedly to 9.2 percent from 9.6 percent in December, provisional data from Destatis revealed. The rate was seen at 10.0 percent. Meanwhile, consumer prices advanced at a faster pace of 8.7 percent...
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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.