Frankfurt The German share index (Dax) opened trading on Friday with a positive trend and was around 16,100 points around noon. The daily high was 16,138 points. Good specifications from the USA were decisive.
Relief was also provided by the fact that inflation in the euro zone fell to 5.5 percent in June according to the first estimate. That was even better than previously expected. Easing in prices takes some pressure off the European Central Bank (ECB) to raise interest rates further.
The picture is somewhat clouded, however, because the so-called core inflation, which excludes energy and food, rose slightly to 5.4 percent. The core rate shows, among other things, how much inflation has become a sure-fire success.
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