Tag Archives: German

The EUR/USD pair hit a fresh two-month low near 1.0900 on Thursday, following the release of the U.S. Consumer Price Index (CPI) report. The data showed that inflation rose faster than expected, leading to a weaker Euro.While the core CPI accelerated to 3.3%, the headline CPI rose to 2.4%. Despite …

According to acting Health Minister Jens Spahn, Wednesday, the current pandemic increased Germany’s economic dependency on China in many sectors.Spahn added that an open discussion is needed on how to reduce an over-reliance on Asia’s rising giant.“We have experienced and had to experience how dependent we have become on China,” …

German industrial orders rose for the third consecutive month in March, supported by domestic demand, data showed, in a new indication that manufacturers in Europe’s largest economy are likely to cushion the impact of lower household spending linked to the lockdown measures. The data published by the Federal Statistics Office, …

Data showed that German industrial orders rose for the second consecutive month in February, driven by strong domestic demand, in another indication that manufacturers are about to cushion the impact of the pandemic-related decline in production in general in the first quarter. But the growth prospects for Europe’s largest economy …

Official data revealed that orders for the supply of manufactured goods in Germany rose twice as much as expected in January, as stronger external demand helped manufacturers in Europe’s largest economy. The data published by the Federal Statistics Office showed that orders for the supply of industrial goods increased on …

Data revealed that German factory orders decreased more than expected on a monthly basis in December, as the impact of restrictions imposed to combat the Coronavirus reduced demand from the rest of the euro area. The data published by the Federal Statistics Office showed that orders for the supply of …

The German Factory Orders increased in November, suggesting that the manufacturing recovery in Europe’s gaining some momentum. Contracts for goods ‘Made in Germany’ came at +2.3% m-o-m vs -1.2% expected and +3.3% previous, the latest data published by the Federal Statistics Office showed on Thursday. On an annualized basis, Germany’s Industrial …

German retail sales rebounded more than expected in October, data reported Wednesday, December 2, indicating that consumers supported overall growth in Europe’s largest economy ahead of partial lockdown measures to contain the second wave of the coronavirus pandemic. The Federal Statistics Office said retail sales rose 2.6% in October on …

Data on Friday showed that German retail sales fell more than expected in September, dampening hopes that household spending will lead to a strong recovery in Europe’s largest economy in the third quarter after the first wave of the Covid-19 pandemic. The Federal Statistics Office said retail sales fell 2.2% …

Data on Monday showed that Eurozone retail sales were much stronger than expected in August thanks to a massive increase in online purchases and growth in clothing sales amid the Covid-19 pandemic, but July sales were revised down. Retail sales in 19 Eurozone countries jumped 4.4% month-on-month in August, registering …