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Germany is Poland s leading economic partner, Polish PM says

Roman Zawistowski/PAP Polish Prime Minister Mateusz Morawiecki lauded the economic cooperation between Poland and Germany during a Wednesday video conference with representatives of German business. The Federal Republic of Germany is the leading economic partner of Poland and the undisputed number one when it comes to trade partnership, Morawiecki said. He added that Poland is currently the fourth largest exporter for Germany. This year we are fighting for the podium, he added. According to the press release by the Federal Statistical Office of Germany, Poland s exports to Germany increased by 50.1 percent year on year in April and amounted to EUR 5.37 billion.

Outbreak not expected to hit trade with Germany

Rising COVID-19 cases will not affect Taiwan’s trade ties with Germany, because domestic goods were in high demand in the European country last quarter and will remain popular, the German Trade Office Taipei said on Thursday. Bilateral trade relations would not be affected by a spike in infections in Taiwan, but will flourish for the rest of this year based on trade data, the office said. Trade volume between Taiwan and Germany increased 4.5 percent year-on-year in the first three months of this year, as bilateral trade ties deepened, despite a slowdown in economic activity amid the pandemic. Bilateral trade value rose to

The CPI and Forex: How CPI Data Affects Currency Prices

The CPI and Forex: How CPI Data Affects Currency Prices 2021-04-30 10:00:00 Ben Lobel, Markets Writer In this article, we’ll explore CPI and forex trading, looking at what traders should know about the Consumer Price Index to make informed decisions. We’ll cover what CPI is as a concept, the CPI release dates, how to interpret CPI, and what to consider when trading forex against CPI data. What is CPI and why does it matter to forex traders? The Consumer Price Index, better known by the acronym CPI, is an important economic indicator released on a regular basis by major economies to give a timely glimpse into current growth and inflation levels.

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