Market Analysis

German April Inflation Finalized at 2.4%

Amos Simanungkalit · 14 May 20241.2K Views

In April, German inflation saw a slight uptick to 2.4%, as reported by the federal statistics office on Tuesday, confirming earlier estimates.

This rise follows March's rate of 2.3%, which marked the lowest level in nearly three years when considering German consumer prices harmonized for comparison within the European Union.

Ruth Brand, president of the federal statistics office, noted that energy and food prices notably contributed to curbing the inflation rate since January 2024.

However, she highlighted that core inflation, which excludes food and energy, has consistently surpassed the overall inflation rate since the year began. The latest data reveals core inflation at 3.0% for April.

[email protected]

Customer Service

Hamchako, Mutsamudu, The Autonomous Island of Anjouan, Union of Comoros

Risk Warning: Trading Forex carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Please read and ensure you fully understand our Risk Disclosure.

Dupoin Markets is incorporated in the Autonomous Island of Anjouan, Union of Comoros (Registration Number 15624) and is authorized and regulated by The Anjouan Offshore Finance Authority (L15624 / DM) for dealing in Over-the-Counter Derivatives Contracts and Spot Foreign Exchange Contracts for Leveraged Foreign Exchange trading.

All services and products accessible through the site www.dupoin.com are provided by Dupoin Markets with registered addresses Hamchako, Mutsamudu, The Autonomous Island of Anjouan, Union of Comoros.

You must be at least 18 years old, or of legal age as determined in your country to use the services of Dupoin Markets.

Dupoin Markets does not direct its website and services to any individual in any country in which the use of its website and services are prohibited by local laws or regulations. When accessing this website from a country in which its use may or may not be prohibited, it is the user's responsibility to ensure that any use of the website or services adheres to local laws or regulations. Dupoin Markets does not affirm that the information on its website is suitable for all jurisdictions.

Need Help?

Click Here