Dax returns part of the profits

Dusseldorf The German stock market gives back a large part of the gains in afternoon trading. The Dax is currently still up 0.3 percent and is trading at 15,392 points. The daily high is 15,478 points. In addition to the high preliminary inflation rate for Germany, the US futures, which have fallen significantly since 2 p.m. and are now signaling price losses at the opening on Wall Street, are also having a negative impact.

It is still too early to sound the all-clear on the inflation front. The provisional inflation rate in Germany for February is 8.7 percent, up 0.8 percent on the previous month. This is exactly what the economists surveyed by the Reuters news agency had expected. assumed that the inflation rate would remain at 8.7 percent in February.

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