Germany’s inflation rate unchanged at 2.2% in April (EUR:USD)

In April, Germany’s consumer price inflation remained steady at 2.2%, the lowest level since May 2021 and slightly below market expectations of 2.3%. The Consumer Price Index in Germany rose by 0.5% on a monthly basis. ETFs such as (EWG), (GF), (FGM), (HEWG), (DAX), and (FLGR) may be impacted by these inflation numbers. The currency pair (EUR:USD) could also be influenced by the inflation data.