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28/02/2025 12:25 AST
Inflation eased in four sizeable German states in February, preliminary data showed on Friday, suggesting Germany's national inflation rate could also slow down this month, in line with analysts' forecasts.
In Germany's most populous state of North-Rhine Westphalia, the year-on-year inflation rate inched down in February to 1.9% from 2.0% in January.
That downward trend was reflected in the states of Hesse, Bavaria and Saxony, where the inflation rate lowered to 2.3%, 2.4% and 2.3%, respectively.
In Brandenburg, inflation remained unchanged on the previous month at 2.3% and in Baden-Wuerttemberg it increased to 2.5% from 2.3% in January.
National figures will be released later on Friday, with economists polled by Reuters expecting harmonised inflation in the euro zone's largest economy to ease slightly to 2.7% after a reading of 2.8% in January.
The German data comes ahead of the euro zone inflation release on Monday. Inflation in the currency bloc is expected at 2.3% in February, down 0.2 percentage points on January, according to economists polled by Reuters.
The European Central Bank is expected to cut interest rates next week for the sixth time since June as inflation is now close to target and seen easing further in the coming months.
Reuters
| Ticker | Price | Volume |
|---|
| Index | Closing | Change |
|---|---|---|
| NIKKEI 225 | 36,581.76 | -251.51 (-0.68 |
| DAX | 18,699.40 | 181.01 (0.97 |
| S&P 500 | 5,626.02 | 30.26 (0.54 |
28/02/2025
Ardian, a world-leading private investment house, has announced that it has entered into a binding agreement to acquire an additional 10 per cent stake in FGP Topco (TopCo), the holding company for H
Trade Arabia
28/02/2025
China's mainland investors have played an unprecedented role in a rally on Hong Kong's equity market that has pushed the benchmark index to its highest level since 2022.
Mainland investors t
Reuters
26/02/2025
Oil prices rose marginally on Wednesday, bouncing off two-month lows hit in the prior session after an industry group reported US crude stockpiles fell last week.
Brent crude rose 24 cents,
Asharq Al Awsat
26/02/2025
President Donald Trump said Tuesday that he plans to offer a "gold card" visa with a path to citizenship for $5 million, replacing a 35-year-old visa for investors.
"They'll be wealthy and t
Asharq Al Awsat
26/02/2025
Meta Platforms is in discussions to construct a new data center campus for its artificial intelligence projects, with potential costs exceeding $200 billion, The Information reported on Tuesday, citi
Reuters
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