Home » European stock markets generally closed higher… Digestion of price indicators in major countries :: Sympathetic Media Newsis News Agency ::

European stock markets generally closed higher… Digestion of price indicators in major countries :: Sympathetic Media Newsis News Agency ::

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European stock markets generally closed higher…  Digestion of price indicators in major countries :: Sympathetic Media Newsis News Agency ::

[서울=뉴시스] Reporter Kwon Seong-geun = European stock markets generally closed higher on the 29th (local time), digesting the price indicators of major countries.

According to CNBC and Market Watch, on this day, the DAX index of the German Frankfurt stock market closed trading at 17,678.19, up 76.97 points (0.44%) from the previous day.

On the other hand, the CAC40 index of the Paris stock market closed at 7927.43, down 26.96 points (0.34%).

The pan-European STOXX 600 index ended trading at 494.61, up 0.02 points (0.00%) from the closing price.

Britain’s FTSE 100 index also closed trading at 7630.02, up 5.04 points (0.07%) from the previous trading day.

The market paid attention to the US personal consumption expenditures (PCE) price index for January and the preliminary German consumer price index (CPI) for February, which were announced on this day.

The U.S. Department of Commerce announced on the 29th that the PCE price index increased 2.8% in January compared to the same month last year and increased 0.4% compared to the previous month. It met market expectations.

PCE is a price index that measures the prices Americans pay when purchasing goods and services.

Germany’s CPI increase rate in February was the lowest since 2021.

On the 29th, the German Federal Statistical Office announced that Germany’s preliminary CPI for February rose 2.5% compared to the same month last year. This is the lowest since June 2021 when it was 2.4%.

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