Dax rises significantly after US inflation data

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 was now at 15,975 points. The leading index is currently trading at 15,960 points again and is therefore unchanged compared to the previous day’s close.

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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