Germany's consumer price inflation accelerated as initially estimated at the start of the year amid higher energy and food prices, official data showed Wednesday.
The consumer price index climbed 8.7 percent year-over-year in January, faster than the downwardly revised 8.1 percent rise in December, final data from Destatis revealed.
For comments and feedback contact: editorial@rttnews.com
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.