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Germany annual CPI inflation rises to 2.2% in November vs. 2.3% expected
Inflation in Germany, as measured by the change in the Consumer Price Index (CPI), rose to 2.2% on a yearly basis in November from 2% in September, Destatis' flash estimate showed on Thursday. This reading came in below the market expectation of 2.3%. On a monthly basis, the CPI declined 0.2% as anticipated. The Harmonized Index of Consumer Prices in Germany, the European Central Bank's preferred gauge of inflation, increased 2.4% on a yearly basis, matching September's reading and falling short of analysts' estimate of 2.6%. EUR/USD showed no immediate reaction to these figures and was last seen losing 0.25% on the ... (full story)
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Inflation rate of +2.2% expected in November 2024
The inflation rate in Germany is expected to be +2.2% in November 2024. It is measured as the change in the consumer price index (CPI) compared with the same month a year earlier. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that the consumer prices will decline by 0.2% on October 2024. The inflation rate excluding food and energy, often referred to as core inflation, is expected to be +3.0%. Consumers can use the Personal Inflation Calculator (only in German) of the Federal Statistical Office to adapt their monthly consumption expenditure on individual product groups ... (full story)
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From bnnbloomberg.ca|Nov 28, 2024|1 commentThe European Central Bank may be able to keep cutting interest rates as inflation eases and could ultimately lower them to “somewhere close to 2%,” Governing Council member Pierre ...
From financemagnates.com|Nov 28, 2024|1 commentSmart Prop Trader, a prop firm offering funded trading accounts, announced it will cease accepting new traders as it prepares to wind down operations by year-end. Although the ...
From miningweekly.com|Nov 28, 2024Russian metals giant Nornickel believes that new technologies it is developing, including for the synthesis of hydrogen, will create demand for palladium in China equal to up to ...
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From @BarakRavid|Nov 28, 2024|12 commentspost:
The IDF says it attacked a Hezbollah compound in Lebanon after it identified preparations for rocket launch towards Israel. This is the first such Israeli attack since the ceasefire took effect on Wednesday morning post: The IDF says it attacked a Hezbollah compound in Lebanon after it identified "terrorist activity" in a facility where rockets are deployed". This is the first such Israeli attack since the ceasefire took effect on Wednesday morning
From sbcgold.com|Nov 28, 2024According to major financial institutions, gold is set to surge during President-elect Donald Trump’s second term. JP Morgan and ANZ–New Zealand’s largest bank–are predicting ...
From dailyforex.com|Nov 28, 2024According to gold trading platforms, the gold price is stabilizing as investors continue to assess the latest set of US economic data. According to economic calendar data, both ...
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- Posted: Nov 28, 2024 8:14am
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