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US News Consumer prices: German inflation rate at its highest level for almost a year

18:45  01 march  2021
18:45  01 march  2021 Source:   handelsblatt.com

US stock exchanges: Dow cautious after record - Nasdaq in the red

 US stock exchanges: Dow cautious after record - Nasdaq in the red Investors continued to be nervous on Friday on Wall Street. © Bryan Smith / ZUMA Wire / dpa The New York Stock Exchange on Wall Street. After its weakness the previous day, the Dow Jones Industrial initially returned with a new record of 31,648 points, but then the tailwind was lost as bond yields rose again. With 31,494.32 points, he then crossed the finish line unchanged in percentage terms. On a weekly basis, it increased by 0.1 percent.

According to an initial estimate by the Federal Statistical Office, consumer prices rose by 1.3 percent in February compared to the same period of the previous year.

Die Lebensmittelpreise haben zuletzt angezogen. © dpa Food prices have recently increased.

The rise in prices in Germany accelerated in February. According to an initial estimate by the Federal Statistical Office, consumer prices rose by 1.3 percent compared to the same period last year.

The rate of price increase was last in March 2020 at 1.4 percent. Economists polled by Reuters had expected the inflation rate to rise to 1.2 percent. In January it was still 1.0 percent.

food prices rose above average: They cost 1.4 percent more than in February 2020. Energy prices rose by 0.3 percent after having fallen by 2.3 percent in January. Fuels such as gasoline became more expensive in federal states such as Bavaria, Hesse and North Rhine-Westphalia. One reason for this is the CO2 levy from the climate package that has been in force since the beginning of the year, another is the prospect of a better global economy after the Corona recession in 2020. The end of the temporary reduction in VAT rates, which will take effect in the second half of 2020 from 19 16 and from seven to five percent were reduced in order to stimulate the economy. According to

Trade negotiations: farmers ask Macron to be "uncompromising"

 Trade negotiations: farmers ask Macron to be © AFP The President of the Republic visited a farm in Côte d'Or on Tuesday, while trade negotiations on the prices of food industry are particularly tense in the context of the health crisis. At the microphone of Europe 1, one of the managers of the farm visited by Emmanuel Macron said his hope that he would be "uncompromising" to protect farmers. Instead of a traditional visit to the agricultural fair, canceled because of Covid-19 , Emmanuel Macron went to a farm in Côte d'Or on Tuesday.

experts, the inflation rate could jump the two percent mark from the middle of the year. The European Central Bank (ECB) is closely monitoring developments in Europe's larger economy, as it is aiming for a value of just under two percent for the monetary union in the medium term.

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Almost 20% of the food wasted each year in the world, according to the UN .
© Supplied by Le Parisien Le Parisien Almost a billion tons, or seven times around the Earth by trucks of 40 t put end to end: it is the food wasted each year in the world, nearly 20% of the food available to the inhabitants of the world, according to a report published this Thursday by the UN. “The problem is huge.

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