Tag Archives: Germany

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 …

Germany’s annual inflation accelerated more than forecast in December, driven by surging food prices and a smaller decline in energy costs compared to recent months. Preliminary data from the federal statistics office revealed that the annual consumer price inflation rate climbed to 2.8%, surpassing the 2.6% predicted by analysts polled …

A survey conducted in December 2024 revealed a decline in German corporate confidence.  Corporate bankruptcies in Germany have risen to levels comparable to those seen during the 2008 financial crisis. German corporates are in a range where some months could easily reach their highest levels in 20 years. During the …

The U.S. dollar ended the week on a high note, hitting a two-year peak as hawkish signals from the Federal Reserve continued to bolster its appeal. In contrast, global currencies faced significant pressure, with the yen, sterling, and commodity-linked currencies like the Australian and New Zealand dollars recording steep losses. …

The U.S. dollar maintained its strength on Wednesday as investors braced for the Federal Reserve’s highly anticipated policy decision. The central bank is expected to implement a “hawkish cut,” reducing interest rates by 25 basis points while signaling a more restrained approach to easing in 2025. Markets are keen to …