October 7, 2026
Euro traded at 1.1189 against USD at 9:00 AM PST
Germany's industrial production rebounded in August despite a summer heatwave and geopolitical tensions. Industrial output expanded 2.0% monthly, in contrast to the 1.2% decrease in July. Year on year, industrial production grew 2.3%, following July's 1.8% fall. The growth was driven by the 9.3% increase in construction output. On the other hand, production in the automotive industry fell 5.4%. At the same time, energy production was down 0.4%. Excluding energy and construction, industrial production rose 0.6%. Production of capital goods and consumer goods climbed 1.2% and 0.6%. Meanwhile, intermediate goods’ output dropped 0.2%. 10/07/2026 - 07:29:00 (RTTNews)
Taiwan's consumer price inflation accelerated in September to the highest level in just over two-and-a-half years. The consumer price index (CPI) rose 2.73% year-on-year in September, faster than the 2.05% rise in August. The latest inflation was the highest since February 2024, when prices climbed 3.08%. Moreover, inflation is above the central bank's target of 2.0%. The annual price growth in transportation and communication accelerated from 2.79% to 4.07%, and inflation based on clothing rose from 2.09% to 2.32%. Food prices climbed to 2.64%, and housing costs were 2.38% more expensive. Monthly, producer prices edged up 0.17%. 10/07/2026 - 09:08:00 (RTTNews)
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