Germany's consumer price inflation accelerated to the highest since late 2023 in April as energy prices surged due to geopolitical tensions, final data from Destatis showed Tuesday.Consumer price inflation rose to 2.9 percent in April from 2.7 percent in March. The rate came in line with the estimate published on April 29 and also hit the highest since December 2023. "Overall inflation increased f...
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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.