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inflation rises to 2.6 percent driven by housing costs and tariffs

Inflation in the USA has risen to 2.6%, driven by a 4.6% increase in housing costs, particularly rents, along with higher prices for used cars and airline tickets. Economists warn that incoming tariffs on imports from China and the EU could further escalate inflation, impacting consumer goods significantly.
@manager_magazin
Euro United States Dollar Lbbw AM-23 Sondervermögen nach deutschem Recht (KAGB) VP Bank AG USA CHN Elmar Völker Thomas Gitzel Show more
TradFi, Market Report
15:39 13.11.2024

german industrial orders rise but face uncertainty from potential trump tariffs

German industry experienced a surprising 4.2% rise in new orders in September, the highest since June, following a sharp decline in August. While domestic orders increased by 3.6% and foreign orders by 4.4%, economists express concern over potential challenges ahead, particularly with the looming election of Donald Trump, which could lead to import tariffs affecting German exports to the U.S.
@derspiegel
Euro United States Dollar Lbbw AM-23 Sondervermögen nach deutschem Recht (KAGB) VP Bank AG USA DEU Sebastian Dullien Jens-Oliver Niklasch Thomas Gitzel Show more
TradFi, Market Report
09:15 06.11.2024
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