{"id":53821,"date":"2024-12-10T08:54:53","date_gmt":"2024-12-10T08:54:53","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/12\/10\/dax-marginally-lower-after-inflation-data\/"},"modified":"2024-12-10T08:54:53","modified_gmt":"2024-12-10T08:54:53","slug":"dax-marginally-lower-after-inflation-data","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/12\/10\/dax-marginally-lower-after-inflation-data\/","title":{"rendered":"DAX Marginally Lower After Inflation Data"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks were subdued on Tuesday as Chinese trade figures disappointed and domestic data showed Germany&#8217;s consumer price inflation rose to a four-month high in November due to less favorable energy base effects.<\/p>\n<p>The consumer price index registered an annual increase of 2.2 percent in November, following a 2.0 percent rise in October, Destatis reported &#8211; matching the estimate published on November 28.<\/p>\n<p>Inflation, based on the harmonized index of consumer prices, stood at 2.4 percent, the same as in October and in line with the flash estimate.<\/p>\n<p>The benchmark DAX was marginally lower at 20,328 after falling 0.2 percent on Monday. <br \/>Insurer Allianz SE dropped 1.4 percent after announcing financial targets for 2024 to 2027 period.<\/p>\n<p>Delivery Hero SE, a food delivery platform, plummeted 9 percent as it&#8217;s Middle East subsidiary Talabat started trading in Dubai. <\/p>\n<p>TeamViewer lost nearly 7 percent after the software firm agreed to acquire the London-based IT firm 1E for an enterprise value of $720 million.<\/p>\n<p>Automaker Volkswagen rose about 1 percent after reports that talks with unionists will continue next week. <\/p>\n<\/p>\n<p>Business News<\/p>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>DAX Marginally Lower After Inflation Data<\/a><br \/>\n<br \/>2024-12-10 08:54:53<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks were subdued on Tuesday as Chinese trade figures disappointed and domestic data showed Germany&#8217;s consumer price inflation rose to a four-month high in November due to less favorable&#8230;<\/p>\n","protected":false},"author":2,"featured_media":53822,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-53821","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-euro-markets"},"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/53821","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=53821"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/53821\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/53822"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=53821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=53821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=53821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}