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Does It Work for Weight Loss?Homebuilder confidence rises in October despite mortgage rates increasingWall Street Dials Back Fed-Cut Bets on Solid Data: Markets WrapDow Jones Today: S&P, Dow Hit Records; TSMC Soars on AI DemandThe Murky Waters of Wash Trading Digital Assets – DOJ Charges 18 Individuals and EntitiesYellen to warn sweeping tariffs would ignite inflation, NYT reportsFutures extend gains after economic dataOil edges up from two-week lows as investors await US inventory dataTurkey to Hold Interest Rates Steady to Slow Sticky InflationTCPA Rules on Revoking Consent for Unwanted Robocalls and Robotexts Effective April 2025Oil Edges Higher as Traders Weigh Middle East Risks, Supply GlutOil company Phillips 66 says it will shut down Los Angeles-area refineryAround 1 in 4 U.S. Adults Suspect They Have ADHD. What Are the Signs?Burger King Offering Free 8oz Ranch ‘Big Dip’ Cup with Sandwiches: What Nutritionists ThinkOil could fall to $25 per barrel by 2050 if net zero emissions goals met, IEA saysBank of America CEO Brian Moynihan says U.S. economy is the envy of the world—but could lose its power due to national debtDow Jones Today: S&P 500, Dow Rise as Stock Market Stabilizes After SelloffIRS Issues FAQs Regarding Long-Term Part-Time Employees in 403(b) PlansInvestment banking surge at Morgan Stanley solidifies Wall Street revivalGold Nears Fresh Record With Focus on US Election and Fed RatesWorld Set for Cheaper Energy on Shift From Oil and Gas, IEA SaysOil Climbs With Middle East Risks and Chinese Demand in Focus‘Food Noise’ Ruled Her Life for Years. Here’s How She Learned to Silence ItCommon Mistakes When Applying for the Diversity Immigrant Visa ProgramNew Zealand Inflation Slows to Lowest Rate Since Early 2021Fed’s Bostic says his ‘dot’ was for 25 bp more in cuts in 2024Trump’s trade rhetoric may not be all bluster. He needs mammoth tariffs to pay for everything else he wants.Trump Says Growth to Outpace Feared Debt, Inflation From AgendaHow Prioritizing Heart Health Could Lower Your Dementia Risk Later In LifeDow Jones Today: Major Indexes Slide as Nvidia Leads Chip Stock SelloffDepartment of Defense Issues Final CMMC RuleGoldman profits surge 45% as dealmaking stages comebackTreasuries Rise Most In Two Weeks as Oil Eases Inflation FearsThe US retirement system gets a C+ in global studyTech Stocks Rally While Oil, Energy Shares Drop: Markets WrapThe Evolution of AI in Healthcare: Current Trends and Legal ConsiderationsOil Extends Losses on Report Israel Won’t Target Iranian CrudeFed’s Kashkari Says Private Credit May Lessen Systemic RiskCould COVID-19 Raise Your Risk of Heart Attack and Stroke? Study Offers CluesBreakfast Foods Affect Weight Loss, Metabolism Differently for Men vs WomenTrump wants to pin inflation on Harris. Most economists say prices will rise faster under himNvidia stock eyes record high, looks to unseat Apple as world’s most valuable companyDow Jones Today: Stocks Rise as Nvidia Leads Large-Cap Tech Higher; S&P 500, Dow at New HighsUSCIS Issues Updated Guidance on ‘Sought to Acquire’ Requirement of Child Status Protection ActOPEC cuts 2024, 2025 global oil demand growth view againBrazil Analysts Lift Interest Rate Forecasts as Inflation Picks UpChinese Stocks Gain in Volatile Trade, Oil Falls: Markets WrapFed rate cuts were supposed to help ease U.S. debt costs, but it’s not looking good so farVolatile Bond Market Puts Traders on Defense Amid Fed-Cut DoubtsIs It the End of the False Claims Act As We Know It? 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Here’s where Wall Street thinks stocks go next.Boeing stock slides as company plans to cut 17,000 jobs, delays jet delivery amid labor strikeUS Expands Sanctions on Iran Oil Sector Over Israel AttackTrump Adviser Bessent Slams Fed Over September Half-Point CutRytr or Wrong: Is the FTC’s Operation AI Comply a Prudent Defense Against Deception or an Assault on Innovation and Constitutional Free Speech?Bond Traders’ Big Week Ends With Fed Rate Cuts Even Less CertainHurricane Milton deals estimated $160B blow in damage, economic lossDow Jones Today: Stocks Surge on Strong Bank Earnings, Benign Inflation Data; S&P 500, Dow Hit Record HighsWholesale inflation remained cool last month in latest sign that price pressures are slowingTraders keep bets on 25 bps Fed rate cuts in Nov, DecHow Olympian Caeleb Dressel’s Cat Rems and Dog Jane Help Him Through ‘Rough Days’Oil retreats but heads for weekly climb on potential Mideast supply disruptionSouth Korea’s central bank cuts rates in a bid to boost the economyAPPARENTLY NOT AN INDEPENDENT CONTRACTOR: Summary Judgment Denied Because Third Party Vendor May Have Had Apparent Authority To Make Calls Without ConsentFeds slap TD Bank with $3.1 billion in fines for money laundering of fentanyl trafficking and terrorist financingOil Set for Weekly Gain as Israel Plans Response to Iran AttackEating Nothing But Sardines May Help You Lose Weight, But Experts Say It’s a Bad IdeaBank Earnings to Give Stock Market Key Read on Health of EconomyThree Fed Officials Shrug Off CPI Report, Bostic Open to PauseDow Jones Today: Stocks Move Lower After Inflation and Jobs Data SurprisesRecent Scrutiny of English-Only Workplace Rules Comes into Focus During National Hispanic Heritage MonthFed seen delivering 25 bps cut next month after inflation dataInflation: Consumer price increases in September come in slightly hotter than estimatesOil Gains as Traders Monitor Middle East While Stockpiles ClimbChinese Stocks Rally; Markets Await US Inflation: Markets Wrap22 States Join Challenge to Massachusetts’ Question 3Oil Steadies as Stockpiles Rise and Traders Monitor Middle East
Sat. Oct 19th, 2024

German inflation falls to the lowest level in more than three years

By Maria Martinez

BERLIN (Reuters) – German inflation fell to its lowest level in more than three years in August, a second estimate confirmed on Tuesday, making it easier for the European Central Bank to cut interest rates this week.

Inflation eased to 2.0% in August, its lowest level since June 2021, thanks to lower energy prices.

German consumer prices, harmonised to compare with other European Union countries, had risen by 2.6% year-on-year in July.

Core inflation, which excludes volatile food and energy prices, slowed slightly to 2.8% in August from 2.9% the previous month.

In August, energy prices in Germany fell by 5.1% compared to the same month last year.

On the other hand, the rise in food prices accelerated for the fifth consecutive month. The prices of food were 1.5% higher in August than in the same month a year earlier, data from the statistics office showed.

The increase in service prices was markedly higher than overall inflation, posting a 3.9% rise in August year-on-year.

(Reporting by Louis van Boxel-Woolf and Maria Martinez, Editing by Friederike Heine and Andrew Heavens)

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