Geopolitics Alpha

German inflation confirmed at 2.8% in October

Published . Updated .

Key takeaways

  • Consumer prices in Germany rose 2.8% in October compared to the same month a year earlier, the Federal Statistical Office (Destatis) said on Wednesday, thus confirming its provisional estimate.
  • Exposed: EWG, BWX, EFA, SAP, BNTX
  • Market reaction: BWX −0.6% on the day (still updating); EWG −0.5% on the day (still updating); TRVG +1.5% on the day (still updating)

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German inflation confirmed at 2.8% in October

Consumer prices in Germany rose 2.8% in October compared to the same month a year earlier, the Federal Statistical Office (Destatis) said on Wednesday, thus confirming its provisional estimate.

Directly affected

  • No company is named in this report.

Indirectly affected

  • TIP iShares TIPS Bond ETF+0.4% 19d

    iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.

  • XLP Consumer Staples Select Sector SPDR-1.7% 9d

    Consumer Staples Select Sector SPDR: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.

  • XRT SPDR S&P Retail ETF

    SPDR S&P Retail ETF: it holds retailers. Linked by “consumer” (retail and consumer goods) in this story.

  • EWG iShares MSCI Germany ETF-1.6% 15d

    iShares MSCI Germany ETF holds stocks listed in Germany, which this story is about (“german”).

  • BWX SPDR Bloomberg International Treasury Bond ETF

    SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Germany

  • EFA iShares MSCI EAFE ETF-0.7% 6d

    iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Germany

  • WMT Walmart+20.2% 30d

    Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

  • COST Costco Wholesale+17.1% 30d

    Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TIP+0.74%+0.94%base-0.05%after closeafter closeafter close
XLP+1.01%-1.04%base-0.67%after closeafter closeafter close
XRT+1.39%-3.19%base-1.26%after closeafter closeafter close
EWG+1.32%-3.11%base-0.51%after closeafter closeafter close
BWX+0.44%+0.07%base-0.63%after closeafter closeafter close
EFA+1.31%-2.38%base-0.25%after closeafter closeafter close
WMT+2.97%-0.02%base-1.30%after closeafter closeafter close
COST-1.85%-1.20%base+1.05%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

German inflation confirmed at 2.8% in October Breakingthenews.net

Source: Breakingthenews.net

Ishares (EWG) since this story, compared with the market

CompanyWhenMoveStatus
Spdr Series Trust (BWX)that day-0.63%still updating
Spdr Series Trust (BWX)three days earlier+0.07%final price
Spdr Series Trust (BWX)five days earlier+0.44%final price
COSTthat day+1.05%still updating
COSTthree days earlier-1.20%final price
COSTfive days earlier-1.85%final price
Ishares Tr (EFA)that day-0.25%still updating
Ishares Tr (EFA)three days earlier-2.38%final price
Ishares Tr (EFA)five days earlier+1.31%final price
Ishares (EWG)that day-0.51%still updating
Ishares (EWG)three days earlier-3.11%final price
Ishares (EWG)five days earlier+1.32%final price
TIPthat day-0.05%still updating
TIPthree days earlier+0.94%final price
TIPfive days earlier+0.74%final price
WMTthat day-1.30%still updating
WMTthree days earlier-0.02%final price
WMTfive days earlier+2.97%final price
XLPthat day-0.67%still updating
XLPthree days earlier-1.04%final price
XLPfive days earlier+1.01%final price
XRTthat day-1.26%still updating
XRTthree days earlier-3.19%final price
XRTfive days earlier+1.39%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who is named in “German inflation confirmed at 2.8% in October”

Companies tied to this story

  • EWG Ishares

    Ishares (EWG) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “German inflation confirmed at 2.8% in October.” Reason on file: iShares MSCI Germany ETF holds stocks listed in Germany, which this story is about (“german”)

  • BWX Spdr Series Trust

    Spdr Series Trust (BWX) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “German inflation confirmed at 2.8% in October.” Reason on file: SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Germany

  • EFA Ishares Tr

    In “German inflation confirmed at 2.8% in October,” Ishares Tr (EFA) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Germany

  • SAP Sap Se

    For “German inflation confirmed at 2.8% in October,” Sap Se (SAP) is linked, with no stored direction, medium confidence. Reason on file: Sap Se (prepackaged software) is one of the largest Germany-based companies traded in the US, so news about Germany (“german”) reaches its shares

  • BNTX BioNTech SE

    BioNTech SE (BNTX) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “German inflation confirmed at 2.8% in October.” Reason on file: BioNTech SE (biological products, (no diagnostic substances)) is one of the largest Germany-based companies traded in the US, so news about Germany (“german”) reaches its shares

  • FMS Fresenius Medical Care AG

    For “German inflation confirmed at 2.8% in October,” Fresenius Medical Care AG (FMS) is linked, with no stored direction, medium confidence. Reason on file: Fresenius Medical Care AG (misc health and allied services) is one of the largest Germany-based companies traded in the US, so news about Germany (“german”) reaches its shares

  • TRVG trivago N.V

    For “German inflation confirmed at 2.8% in October,” trivago N.V (TRVG) is linked, with no stored direction, medium confidence. Reason on file: trivago N.V (computer processing and data preparation) is one of the largest Germany-based companies traded in the US, so news about Germany (“german”) reaches its shares

How “German inflation confirmed at 2.8% in October” reaches Ishares (EWG)

On 11 Nov 2026, “German inflation confirmed at 2.8% in October” is the story that connects Ishares (EWG) to this story.

Ishares (EWG) is on the page because iShares MSCI Germany ETF holds stocks listed in Germany, which this story is about (“german”)

Also listed, Spdr Series Trust (BWX): SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Germany

Dates in the story, and the Ishares (EWG) price range

EFA traded between 102.00 and 104.68 across 6 sessions. The latest close on file is 103.46. EWG traded between 40.30 and 42.32 across 12 sessions. The latest close on file is 41.20.

How solid “German inflation confirmed at 2.8% in October” looks

46 out of 100Price not final

“German inflation confirmed at 2.8% in October” scores 46 out of 100. The score uses 1 sources, and 7 linked companies. The price is not final yet.