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Friday, August 12, 2016

Germany’s Economy

Economy


Germany’s Wholesale Price Index 0.2% vs. 0.3% forecast

Germany’s wholesale price index rose less-than-expected last month, official data showed on Friday.

In a report, Destatis said that Germany’s Wholesale Price Index rose to 0.2%, from 0.6% in the preceding month.

Analysts had expected Germany’s Wholesale Price Index to rise 0.3% last month.

German GDP 0.4% vs. 0.2% forecast

Germany’s gross domestic product rose more-than-expected in the last quarter, preliminary official data showed on Friday.

In a report, Statistisches Bundesamt Deutschland said that German GDP rose to a seasonally adjusted 0.4%, from 0.7% in the preceding quarter.

Analysts had expected German GDP to rise 0.2% in the last quarter.

German CPI 0.3% vs. 0.3% forecast

German consumer price inflation rose last month, official data showed on Friday.

In a report, Federal Statistical Office Germany said that German CPI rose to a seasonally adjusted 0.3%, from 0.3% in the preceding month.

Analysts had expected German CPI to rise 0.3% last month.

Source by Investing.com

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