Tag Archives: Germany

Economic Outlook Remains Subdued Germany’s IFO Business Climate Index rose slightly in July, signaling a marginal improvement in business sentiment, but the results still fell short of market expectations. The headline index rose to 88.6 from 88.4 in June, missing the consensus forecast of 89, indicating that business sentiment remains …

Manufacturing and Services Performances Diverge as Economic Outlook Remains Mixed Germany’s business activity continued to show marginal growth in July, though at a slightly slower pace compared to June, according to the latest HCOB German flash composite Purchasing Managers’ Index (PMI). The index, compiled by S&P Global, dropped to 50.3 …

German industrial production showed a stronger-than-expected rebound in May, driven by the automotive sector and energy production, as reported by the federal statistics office on Monday. The data highlighted a 1.2% increase in production compared to the previous month, significantly exceeding analysts’ forecast of no growth. This uptick in output …

Germany’s IFO Business Climate Index for June showed a slight improvement, rising to 88.4, up from 87.5 in May, surpassing market expectations of 88.3. This reflects a modest rebound in business sentiment, suggesting businesses remain cautiously optimistic about the economic outlook. However, the Current Economic Assessment Index saw only a …

Germany’s job market took a heavier hit than expected in May, with the number of unemployed rising by 34,000 to 2.96 million in seasonally adjusted terms, data from the Federal Labour Office showed Wednesday. The increase far exceeded analyst expectations of a 10,000 rise and pushed the unemployment rate closer …

Germany’s industrial production saw a significant decline in December 2024, marking the steepest drop in five months as the manufacturing sector continued to face challenges despite signs of stabilization in other parts of the economy. Key Figures and Sector Impact Industrial output fell by 2.4 percent from the previous month, …

The German trade association BGA has painted a bleak outlook for the country’s foreign trade sector in 2025, with an anticipated 2.7% decline in turnover compared to 2024. Nearly 80% of businesses involved in foreign trade are expecting a further drop in sales this year, reflecting a challenging economic climate. …

Wildfires Ignite Inflation Fears as Economic Headwinds IntensifyThe recent wildfires in Los Angeles have ignited concerns beyond the immediate human and environmental toll. Economists warn that these infernos will not only scorch the land but also fan the flames of inflation, further complicating the Federal Reserve’s fight to bring prices …

Germany’s economy contracted by 0.2% in 2024, marking its second consecutive year of decline after a 0.3% contraction in 2023, according to data released by the Federal Statistics Office. The economy also shrank by 0.1% in the final quarter of the year, showing limited signs of recovery amidst ongoing economic …

Germany, the eurozone’s largest economy, delivered better-than-expected export and industrial production data for November. However, underlying indicators suggest that the outlook remains subdued. Key Data Highlights Exports: German exports rose by 2.1% in November, slightly exceeding the forecasted 2.0% increase. Trade with non-EU countries was the primary driver, with exports …