Germany's annual inflation rate, as measured by the Consumer Price Index (CPI), rose to 2.0% in October 2024, an increase from September’s rate of 1.6% and August's rate of 1.9%.
Germany's annual inflation rate, as measured by the Consumer Price Index (CPI), rose to 2.0% in October 2024, an increase from September’s rate of 1.6% and August's rate of 1.9%, according to the Federal Statistical Office (Destatis). The primary contributors to this rise were higher food prices and a continued above-average increase in service costs. Energy prices, while still exerting a moderating effect on inflation, had less impact in October compared to prior months. On a month-to-month basis, consumer prices rose by 0.4% from September to October.
Source: Destatis
UK Summer Bank Holiday (August 31, 2026)Due to the UK Summer Bank Holiday on August 31, trading conditions for certain instruments will be adjusted.
Detail Euro and Sterling Firm on Rate Hike Bets (08.26.2026)Global markets remained focused on shifting central bank expectations, U.S. fiscal concerns, and Middle East risks.
Global markets remained focused on U.S. fiscal concerns, shifting central bank expectations, and renewed Middle East tensions.
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