German Consumer Prices Log First Annual Fall Since March 1987


30/07/2009 00:00 AST  RTT News

Wednesday, Germanys Federal Statistical Office said in a preliminary report that the consumer price index or CPI dropped 0.6% year-over-year in July, in contrast to a 0.1% increase in the previous month. This was the first annual decline in consumer prices since March 1987. Economists had expected a decline of 0.3%.

On a monthly basis, the CPI decreased 0.1% in July. Economists were looking for an increase of 0.2%.

The harmonized index of consumer prices or HICP dropped 0.6% on an annual basis in July, compared with a flat reading in the previous month. Economists were looking for a drop of 0.4%. The HICP remained unchanged compared to the preceding month.

Global News
2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | News Archive

JAN | FEB | MAR | APR | MAY | JUN
Most Viewed News
Most Viewed Companies
Ticker Price Volume
RIBL 24.7 220,469
EMAAR 5.66 7,755,492
ALKHODARI 31.2 395,717
UCA 36.5 203,884
WATANIYA 99.25 509,246
NBAD 12.35 328,558
SAGRINSURANCE 24.2 518,593
Recent News

Transport Drives DFM Index Higher
The DFM General Index rose 0.56 percent to close the day at 2,392.85 points on Wednesday 19th June 2013, up 13.36 points from its previous close.

Large cap, Med cap and Micro Cap indices en

Small Cap Keeps QE Index in the Downward Territory
The QE index weavering between north and south again witnessed a bearish trend on Wednesday 19th June 2013. The index dropping 21.04 points or 0.23 percent reached at 9,340.01 levels.

Sma

ADX Index Sustains Upward March
The ADX General Index earlier slipped into the red territory but then jumped up into the green territory and closed the day at 3,664.99 levels on Wednesday 19th June 2013, up 5.45 points or 0.15 perc

Rakbank bags gold for AMAL TVC
Rakbank was announced the winner of the Gold Summit Creative Award (SCA) for its AMAL Launch Television campaign during the recent 2013 Summit International Award (SIA) held in the United States.

KFH capital increase subscribed amounts
Kuwait Finance House KFH Chairman Muhammad Ali Al-Khudairy said: The subscription process in the capital increase of 20% approved by the Extraordinary General Assembly on April 24th 2013 by a value

Research Reports
GCC Stock Markets - Daily Daily Market Review - Saudi Stock Exchange Daily Market Review - Dubai Financial Market Daily Market Review - Abu Dhabi Securities Exchange Daily Market Review - Kuwait Stock Exchange more..
GulfBase GCC Index
Search By
  • Company Symbol
  • Company Name
  • Mutual Fund Name
  • News Content
Send this page to a friend

Poll

Are you satisfied with your full-service broker?