German exports fall 25 percent in May, while June consumer price index rises 0.1 percent

September 8th, 2009 German exports up 2.3 pct in JulyFRANKFURT — German exports were up 2.3 percent on the month in July, showing their third consecutive monthly improvement, though industrial production fell 0.9 percent for the month, official data showed Tuesday. Germany exported goods and services worth euro70.5 billion ($101 billion) in July, the Federal Statistical Office said in a preliminary report.

September 4th, 2009 401k plan contributions limits may fallIt's quite likely that the maximum contribution level for retirement accounts will fall next month unless the Internal Revenue Service or Congress chooses to freeze it at the current $16,500. The level is set by an Internal Revenue Code formula that's rather complicated but based on the third quarter Consumer Price Index for all urban consumers, the CPI-U, to be released on Oct.

September 3rd, 2009 NEW DELHI - India's annual rate of inflation was minus 0.21 percent for the week ended Aug 22, up from minus 0.95 percent the week before, according to official data released Thursday. The rate turned negative for the week ended June 6 for the first time since the new wholesale price index (WPI) series started in 1995.

August 20th, 2009 NEW DELHI - India's annual rate of inflation rose marginally to minus 1.53 percent for the week ending Aug 8 from minus 1.74 percent the week before, according to official data released Thursday. The rate turned negative for the week ended June 6 for the first time since the new wholesale price index (WPI) series started in 1995.

August 11th, 2009 Chinese exports, imports fall sharply in JulyBEIJING — China's government says the decline in the country's exports and imports accelerated in July amid weak global consumer demand. Tuesday's report by the Chinese customs agency says exports were down 22.9 percent from a year earlier, while imports fell 14.9 percent.

August 11th, 2009 China's exports, imports fall sharply in JulyBEIJING — The decline in China's imports accelerated in July despite a rise in economic growth, while exports also fell more sharply amid weak global demand, data showed Tuesday. Imports fell 14.9 percent from a year earlier, compared with a 13.2 percent decline the previous month, the customs agency reported.

August 7th, 2009 German exports up 7 pct in JuneBERLIN — German exports were up 7 percent on the month in June, their biggest rise in nearly three years, government figures showed Friday — the latest signal that prospects are improving for Europe's biggest economy. The increase followed a slim 0.2 percent gain in May and was the biggest since September 2006, when exports rose 7.3 percent on the month.

August 6th, 2009 German industrial orders rise againBERLIN — German industrial orders saw their second consecutive strong month-on-month rise in June, a 4.5 percent climb that was led by demand from other European countries, official figures showed Thursday. The increase followed rises of 4.4 percent in May and 0.1 percent in April.

August 3rd, 2009 German retail sales down 1.6 pct in JuneBERLIN — German retail sales were down 1.6 percent on the year in June and dropped by a steeper 2.1 percent for the whole of the first half as the global crisis maintained its grip on Europe's biggest economy, an official estimate showed Monday. The Federal Statistical Office said that specialist food and drink retailers and department stores saw particularly steep falls in June, with sales declining by 5.6 percent and 7.3 percent respectively.

July 27th, 2009 German consumer confidence risesBERLIN — German consumer confidence continues to rise despite the recession, helped chiefly by lower prices and a stable job market, a survey showed Monday. The GfK research group said its forward-looking consumer climate index for August rose to 3.5 points, up from a revised 3 points for July as more people reported expectations of an economic recovery.

July 20th, 2009 Germany sees big fall in wholesale pricesFRANKFURT — German wholesale prices fell by 4.6 percent in the year to June, the biggest annual drop in four decades, government statistics showed Monday. The drop compared with a 3.6 percent year-on-year fall in May and was the largest since the producer price index declined by 5 percent in December 1968, the Federal Statistical Office said.

July 16th, 2009 NEW DELHI - India's annual rate of inflation rose marginally to minus 1.21 percent for the week ended July 4, from minus 1.55 percent the week before, according to official data released here Thursday. India's annual rate of inflation turned negative for the week ended June 6 for the first time since the new wholesale price index (WPI) series started in 1995.

July 10th, 2009 Japan wholesale prices fall 6.6 percent in JuneTOKYO — Japan's central bank said Friday that wholesale prices fell 6.6 percent in June from a year earlier, the biggest fall on record and the latest sign that deflation is returning to the country. The Bank of Japan's corporate good price index, which tracks the cost of a wide range of products sold domestically, declined for the sixth straight month.

May 27th, 2009 WIESBADEN - Germany's consumer price index for May 2009 is expected to show 0.0 percent inflation compared to the same month last year, for the first time since 1987, according to preliminary figures released Wednesday. The data are based on early results from six federal German states, the Federal Statistical Office reported.

May 11th, 2009 LUDHIANA - Prices of consumer goods will fall in the next six months, Prime Minister Manmohan Singh said Monday. Speaking to reporters, he also said that despite the global economic slowdown, India's economy grew at 6.5 percent in 2008-9.