Monday, January 5, 2015

German inflation and brent crude lowest level since 2009, UK construction down

The German prelim consumer price inflation (CPI), the leading indicator of inflation recorded no growth. This is the lowest level of inflation since 2009. The inflation report can be found here. Something else that is at 2009 level is brent crude oil.

In the UK, construction PMI dropped to 57.6. This is the slowest growth since July 2013 according to the Chartered Institute for Procurement and Supply (CIPS)`s PMI report.

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