Tag Archives: Germany

The headline German IFO Business Climate Index climbed to 86.3 in November versus the previous reading of 84.5 and the market consensus of 85.0. Meanwhile, the Current Economic Assessment improved to 93.1 points in the reported month when compared to October’s 84.2 and 93.8 expected. The IFO Expectations Index – …

Chancellor Olaf Scholz doubled down on his government’s promise to end Germany’s “one-sided dependence” on Russia and China for energy and trade, part of a sweeping rethink of the nation’s commercial ties triggered by the war on Ukraine. “The price of sitting on our hands would be incomparably higher,” Scholz …

Eurostat will release Harmonised Index of Consumer Prices (HICP) data for October on Monday, October 31 at 10:00 GMT. As we get closer to the release time, here are the expectations forecast by the economists and researchers of three major banks regarding the upcoming EU inflation print. TDS “We look …

As measured by the Consumer Price Index (CPI), annual inflation in Germany climbed to 10.4% in October from 10% in September, Germany’s Destatis reported on Friday. This reading came in higher than the market expectation of 10.1%. Meanwhile, the Harmonised Index of Consumer Prices (HICP), the European Central Bank’s (ECB) …

Christine Lagarde, President of the European Central Bank (ECB), is scheduled to deliver her remarks on the monetary policy outlook at a press conference at 12:45 GMT. Follow our live coverage of ECB’s policy announcements and the market reaction.

The headline German IFO Business Climate Index eased slightly to 84.3 in October versus the previous reading of 84.4 the market consensus of 83.3. Meanwhile, the Current Economic Assessment dropped to 94.1 points in the reported month as compared to July’s 94.5 and 92.4 expected. The IFO Expectations Index – …

The German parliament on Friday approved the government’s 200 billion euro ($195 billion) rescue package to protect businesses and households from rising energy prices. Parliament also voted earlier to suspend the so-called “debt brake” in the country.

The German ZEW headline numbers for October showed that the Economic Sentiment Index improved to -59.2 while beating estimates of -65.7 vs. -61.9 previous. Meanwhile, the Current Situation sub-index arrived at -72.2 in October vs. -68.0 expectations and September’s -60.5. The Eurozone ZEW Economic Sentiment Index stood at -59.7 in …

French gas pipeline operator GRTgaz said on Thursday that Germany received its first direct deliveries of gas from France via a pipeline link, under an agreement aimed at helping the two countries deal with current energy supply problems. France is less dependent on Russian imports from Germany because it gets …

Inflation in Germany rose for the month of September of 2022 to record 10%, in line with expectations, to be at its highest levels in its history. The annual inflation in Germany was 7.9% in August of this year. This high inflation rate, the highest rate ever, highlights the impact …