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Germany PPI Inflation
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In Germany by the end of April the producer prices elevated by 0.2% relatively the previous month. The actual reading came short of predictions of 0.3% increase. For comparison, in March the PPI rose by 0.6% from the February value.


Meanwhile, the annual producer price indicator of the biggest European economy added 2.4% that has also fell short of expectations. Economists were waiting for a 2.5% uptrend.


In the first month of spring the producer prices lifted by 3.3% on the annual basis. Without notice of energy prices, the producer price inflation amounted to 0.2% month-on-month in April


and to 1.5% on the annual basis. In this way, the energy cost has risen most of all for the reporting period. According to the official data, the growth reached 4.5% in relation to 2011 and just 0.1% to the month before.

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Ridge of skyscrapers which have changed the horizon line forever and multilevel highways - all this is Dubai, administrative and commercial center of the United Arab Emirates. In this multicultural metropolis the aspiration to permanent modernization and high technology desire coexist peacefully with religiosity and traditional way of life. InstaForex Company venerates traditions as well. Special for Islam adherents there were established swap free accounts.
Furthermore, Dubai is the world's biggest gold trade center. The famous golden bazaar numbers over 1000 gold stores. Jewelry is tax free, so gold purchase is a very beneficial cash injection. The "Golden city" with its centuries-long history is a financial hub of universal importance and a place for high-grade business appointments.
Anna Kochkina, Director of Special Projects at InstaForex, speaks about the way InstaForex treats its customers (ShowFx World Conference in Riga)
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