Dusseldorf US inflation data is giving new impetus to trading on the German stock market. After the figures were published, the Dax quickly rose by 60 points and is currently at 15,977 points, an increase of 0.1 percent. With today’s daily high of 15,974 points, the probably groundbreaking 16,000 point mark was not far away.
Inflation in the US has surprisingly continued to fall. The inflation rate for goods and services increased by only 4.9 percent in April after 5.0 percent in March, the Labor Department announced in Washington on Wednesday. Experts polled by Reuters news agency had expected the reading to be flat after inflation fell a full point in March.
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