German Inflation Not Bad
Tweet Send to a Friend
Germany reported inflation in line with expectations at 2.2 percent harmonized CPI. Low inflation in Germany is important because it allows the ECB wiggle-room regarding easing monetary policy.
The German public is terrified of inflation and panic is growing following a statement by a member of parliament who said last week that Germany will have to deal with increased inflation to help rebalance problems in the EU. Germany's largest newspaper responded by printing a headline that read "Inflation Alarm!"
iShares MSCI Germany Index (NYSE: EWG), an ETF that tracks German stocks is expected to open flat, in line with DAX which is down 0.2 percent overnight.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
The German public is terrified of inflation and panic is growing following a statement by a member of parliament who said last week that Germany will have to deal with increased inflation to help rebalance problems in the EU. Germany's largest newspaper responded by printing a headline that read "Inflation Alarm!"
iShares MSCI Germany Index (NYSE: EWG), an ETF that tracks German stocks is expected to open flat, in line with DAX which is down 0.2 percent overnight.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Existing Home Sales Hit Multi-Year High of 4.97M in April
- Bloomberg Consumer Comfort -29.4 vs -30.2 Prior
- GLD Holdings Continue to Decline (GLD) (SLV) (GDX)
Create E-mail Alert Related Categories
ETFs, Economic Data
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
