German DAX Rises 0.44% as September Inflation Confirms Acceleration to 3.3%

Germany's DAX index climbed 110.98 points, or 0.44%, to trade near 25,388.66 on Tuesday, supported by declining crude oil prices and lower bond yields. The advance came as Destatis confirmed that Germany's annualized CPI inflation accelerated to 3.3% in September from 2.9% in August, matching preliminary estimates and marking its highest reading since late 2023. Harmonised inflation also confirmed at 3.3% year-on-year, while core inflation excluding food and energy held steady at 2.4%. Market gains were led by Zalando, Siemens, and Bayer, despite a drop in Infineon shares.