Dusseldorf US inflation data gave momentum to trading on the German stock market. After the figures were published, the Dax rose to 15,984 points, and the probably groundbreaking 16,000 point mark was not far away at times. But later sales began again. The leading index was last down 0.6 percent at 15,864 points. The US stock markets initially rose.
Surprisingly, inflation in the USA 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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