DAX Index Rose by 0.80%
Germany's DAX stock index rose by 0.80% today and is trading at 13.168.00. The German economy is growing, and the labor market remains stable, but still, retail sales fell sharply in October. Retail sales in Germany fell by 1.2%.
Jobless claims in Germany fell more than expected in November, and the unemployment rate remained at a record level. Unemployment claims declined by 18.000. The unemployment rate in Germany was unchanged at 5.6% in November, which is the lowest level since January 1992.
Inflation in the Eurozone has grown less than expected, and stressing that price increases remain weak. Inflation in the euro area rose to 1.5% in November from 1.4% in October, not meeting expectations for growth of 1.6%.