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Euro fell further today despite positive data

Euro fell further today despite positive data
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Germany s 2023 inflation rate drops, still at high level

BERLIN, Jan. 16 (Xinhua) Germany's annual average inflation rate in 2023 decreased to 5.9 percent from the previous year's 6.9 percent, a record high since reunification in 1990, said the Federal Statistical Office (Destatis) on Tuesday.

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Euro fell further today despite positive data amid fears that the Fed s hawkish path will continue for a long time

Euro fell further today despite positive data amid fears that the Fed s hawkish path will continue for a long time

United statesUnited kingdomRed seaDjibouti generalAchim wambachJoachim nagelFederal reserveStatistical office destatisEuropean central bankSentiment indexCurrent conditions indexConsumer price indexFederal statistical officeRuth brandAverage earning indexGerman bunds

Germany s 2023 inflation rate drops, still at high level

Germany s 2023 inflation rate drops, still at high level
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Germany s economy shrinks by 0 3% in 2023

The estimate is in line with the expectations of analysts polled by Reuters.

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