Frankfurt The leading German index Dax reacted to the latest figures on inflation in the USA on Thursday afternoon with significant price losses. The stock market barometer initially turned sharply into the red, but then recovered again. Most recently, the Dax was slightly up at 12,189 points.
Shortly before the US inflation figures, the Dax was still clearly in the plus, close to its daily high of 12,369 points, which it had reached around 1:45 p.m. After the disappointing data was published, the index lost more than 350 points or around three percent within a short time. But at the level of 12,000 points, buying started again.
US goods and services inflation fell to 8.2 percent in September from 8.3 percent in August, the Labor Department in Washington said. This is the third decline in a row.
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