BERLIN (Reuters) -Inflation fell in six economically important German states in January, preliminary data showed on Wednesday, suggesting that national inflation has resumed its downward trajectory and raising hopes for a decline in euro zone inflation. The inflation rate in North Rhine-Westphalia, Germany's most populous state, fell to 3.0% in January from 3.5% in December. Economists will pay close attention to national inflation data later on Wednesday, as Germany and France publish their figures before expected euro zone inflation data on Thursday.
BERLIN (Reuters) -Daimler Truck has raised its profit and revenue guidance due to an easing of supply chain constraints, stronger demand in its core markets and the after-sales business, the company said on Monday. The company has updated its guidance for adjusted returns on sales in its industrial business to a range of 8.5% to 10% from 7.5% to 9% previously for the financial year 2023, it said on Monday. The truck and busmaker now expects revenue to reach 56-58 billion euros ($63.79 billion), from 55-57 billion previously, with unit sales forecast around 20,000 higher to a range of 530,000 to 550,000.
BERLIN (Reuters) -German industrial output rose less than expected in April, darkening the outlook for the euro zone's largest economy following weak new orders data earlier this week. | 04:08am