Germany's consumer price inflation accelerated in January, as estimated, on higher food and services costs, final data from Destatis revealed Tuesday.Destatis confirmed that consumer price inflation rebounded to 2.1 percent in January from 1.8 percent in December.Similarly, EU harmonized inflation accelerated to 2.1 percent from 2.0 percent in the prior month. The rate matched the earlier estimate...
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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.