Dusseldorf On the German stock market, investors reacted to the publication of the US inflation data by selling at the end. The Dax closed 0.11 percent lower at 15,380 points. Trading was turbulent after the data was published, and there was initially no clear direction.
US inflation for the month of January was anything but encouraging. US consumer prices rose 6.4 percent year-on-year. Economists surveyed by the Wall Street Journal had expected inflation to cool down more sharply. They had forecast that overall prices would rise just 6.2 percent year-on-year.
For the capital market expert Thomas Altmann from the investment house, the figures are in line with expectations, but also show that inflation should not be prematurely regarded as defeated.
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