ECB slow tapering is underpinned by soft German inflation

ECB slow tapering is underpinned by soft German inflation

In October, German annual inflation slowed and stood below the ECB’s objective, as data disclosed on Monday, giving support to the bank's initiative to slowly withdraw monetary stimulus.

Consumer prices, stabilized compared to other European countries, rallied by 1.5% on the year after September’s lift of 1.8%, as the Federal Statistics Office informed. Prices slumped by 0.1% on the month.

Both figures managed to undershoot expectations. As a matter of fact, a Reuters survey had pointed to a jump of 1.7% on the year as well as an ascend of 0.1% on the month.

The previous week the ECB told that it would have its bond purchases reduced in half from January, although decided to extend the program until the end of September, pledged to bring years of stimulus and also welcomed backtracking, pointing to muted price pressures.

As a breakdown of non-harmonized German data unveiled, only food inflation had edged up from September.



American home sales tack on

In February, American home sales rebounded firmly, underpinned by decent revenues in the South as well as West regions, although an everlasting shortage of homes on the market still appears to be an obstacle, which heads into the spring selling season…


ECB Meeting

Traders are impatiently waiting for the European Central Bank’s meeting on October 26…


promotions you can be interested in

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera