DAX fall from daily TL.

DAX was down on Tuesday after testing the high level of 19619 in the last trading session as The annual inflation rate in Germany was confirmed at 2.0% in October 2024, accelerating from September’s three-and-a-half-year low of 1.6% and matching preliminary estimates. This marked the highest inflation in three months, as services inflation (4% vs 3.8% in September) and food (2.3% vs 1.6%) accelerated while rebounding for goods prices (0.4% vs -0.3%). In addition, energy costs declined less (-5.5% vs -7.6%), mainly other solid fuels (-12.7%) and light heating oil (-13.4%), amid base effects.

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