German producer prices at record high amid Ukraine war; IMF/World Bank meetings under way – business live

  • 📰 The Guardian
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Live rolling coverage of business, economics and financial markets

Good morning, and welcome to our rolling coverage of business, the world economy and the financial markets. In Germany, factory gate prices jumped 30.9% in the year to March, the biggest increase since records started in 1949, according to the Federal Statistics Office. This reflects the impact of the war in Ukraine for the first time, with surging energy costs the main culprit. The worry is that increases in producer prices will feed through into consumer prices and push inflation even higher.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Russia could be broken here. Get involved

The system continues to be squeezed in preparation for the break and fix.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 84. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Live news updates: Chinese tech stocks stumble over livestreaming regulations\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT. Natural gas providers and pipelines will benefit as long as prices remain elevated. This dashboard looks at five of these stocks who are all within 5% of their 52wk highs and still trading below 25x earnings. $ET $EOG $OXY $KMI $EPD energy probably god intended Covid supply chain crisis only as dress rehearsal for Ukraine War crisis Germany & Austria follow same procedure as every World War: opt for wrong side of history ZelenskyyUa POTUS
Source: FT - 🏆 113. / 51 Read more »