Concerns about interest rates only temporarily weighed on the German stock market on Friday: the leading index Dax was down 0.3 percent in the afternoon and was trading at 15,482 points after being down up to 1.5 percent in the morning. From a weekly perspective, there is a clear plus. Last Friday, the Frankfurt stock exchange barometer closed at 15,308 points.
German producer prices thus proved to be only a temporary burden. Manufacturers lowered their prices in January for the fourth month in a row, but not as much as expected. This is an indication that the high inflation in Germany is slowing down more slowly than many experts expected.
The European Central Bank (ECB) is trying to reduce the high inflation in the euro zone to its target value of 2.0 percent by raising interest rates. In the euro zone, this value was 8.5 percent, in Germany 8.7 percent.
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