Dusseldorf The German stock market is on the up again. The Dax climbed 1.8 percent at midday and is trading at 13,362 points, an increase of 230 points. Yesterday, Thursday, the stock market barometer slipped by more than 230 points, but ended trading with a moderate minus of 0.95 percent and a final value of 13,130 points.
The market is supported by encouraging signals in terms of inflation. The prices of manufacturers in the euro area are no longer rising quite as rapidly.
Producer prices in industry rose by 41.9 percent in September compared to the same month last year, according to the statistics office Eurostat on Friday. Economists surveyed by the Reuters news agency had expected an increase of 42.0 percent. In August, the plus was still 43.4 percent – a record value.
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