Market Updates
European Markets Drop 1%, Car Registrations Drop for the 4th Month
Barry Adams
18 May, 2022
New York City
European markets turned negative on the growing worries of rising inflation and lagging central bank's response.
The U.K. inflation accelerated to 9% in April from 7% in March driven by rising food and fuel prices, the Office of National Statistics said today.
The 40-year high inflation is likely to peak in October around 10% before it declines.
Moreover, new car registration in the European Union declined for the fourth month in a row in April. the European Automobile Manufacturers' Association said today.
New Passenger vehicle registration fell 20.6% in April after falling 20.5% in March.
The April month data was the weakest since record keeping began except the pandemic year 2020. About 684,506 passenger vehicles were registered in April compared to 862,443 registrations a year ago.
From January to April of 2022, new car registrations declined 14.4% across the EU, totaling 2,930,366 units.
Supply disruptions and chip shortages weighed heavily on manufacturers.
The DAX index declined 1.3% to 14,007.76, the CAC-40 index dropped 1.2% to 6,352.94, and the FTSE 100 index fell 1.07% to 7,438.09.
Annual Returns
| Company | Ticker | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|
Earnings
| Company | Ticker | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|