Germany’s industrial output declined more than expected in August on weak auto production, data from Destatis revealed on Thursday. Industrial output fell 4 percent month-on-month in August, reversing a 1.3
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Germany's next leader could make or break the economy
With Chancellor Angela Merkel due to leave office after Germany's upcoming federal election on Sunday, the country's priorities could change dramatically. Power is likely to be shared in a coalition
Continue reading »German consumers, state spending drive second quarter economic recovery
German GDP grew 1.6% in the second quarter Consumers pile into savings after lockdown Debt-financed stimulus push widens state deficit The German economy grew more than expected in
Continue reading »German Consumer Sentiment Set To Remain Stable In August
Germany’s consumer confidence is set to remain unchanged in August as the weakness in economic and income expectations were offset by the improvement in the propensity to buy, survey results
Continue reading »Eurozone Private Sector Growth At 21-Year High
The euro area private sector expanded at the fastest pace in 21 years in July, as the member countries eased COVID-19 restrictions, flash survey results from IHS Markit showed on
Continue reading »German Exports Log Marginal Growth; Imports Recover
Germany’s exports expanded at a marginal pace in May, while imports grew after falling in April, data from Destatis revealed on Thursday. Exports grew only 0.3 percent month-on-month in May,
Continue reading »Pressure on UK as Germany backs ending free carbon permits for airlines
Boris Johnson has pledged to give details of how UK will meet its climate targets before Cop26 Last modified on Sun 6 Jun 2021 12.57 EDT The German government is
Continue reading »German GfK Consumer Sentiment Set To Rise In June
German consumer confidence is set to improve in June underpinned by robust economic expectations, survey results from the market research group GfK showed on Thursday. The forward-looking consumer confidence index
Continue reading »Eurozone Manufacturing Growth At Record High
Euro area manufacturing expanded at a record rate in May, led by continued solid growth in output and new orders, latest survey data from IHS Markit confirmed Tuesday. The final
Continue reading »Rock on: Germany on track for open air gigs, fans at soccer games
Coronavirus cases have been falling steadily over the last month in Germany and the seven-day incidence – the number of new infections – now stands at 64.5 per 100,000, data
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