Tag Archives: Germany

The unemployment rate in Germany rose during the month of February for the first time since last June, according to data released today, Tuesday, which dashed expectations of a decrease in the number of measures aimed at curbing the Coronavirus. For its part, the Labor Office said that the number …

Inflation in Germany, as measured by the Consumer Price Index (CPI), edged lower to 0.7% on a monthly basis in February, Destatis reported in its flash estimate on Monday. Moreover, the annual CPI rose to 1.3% from 1% and came in higher than analysts’ estimate of 1.2%. Further details of …

Today’s survey showed that increased demand from China, the United States and Europe pushed the growth of factory activity in Germany to the highest level in more than three years in February, improving expectations for Europe’s largest economy. The final reading of the IHS Market PMI for the manufacturing sector, …

The German Institute for Economic Research (DIW) said that Germany’s economy may shrink by about 1.5% at the beginning of the year, in light of the great damage that the general isolation measures to reduce Coronavirus infections affect the largest economy in Europe. The institute added that the high number …

Strong exports and solid construction activity helped the German economy grow 0.3%, better than expected, in Q4 of last year, but tightening isolation measures in the country and abroad clouded the prospects for Europe’s largest economy. The data released by the Federal Statistics Office today, Wednesday, represents an upward revision …

The German economy is heading for improvement, and that sentiment has improved in the industrial sector, in particular, said Klaus Vollerbe, an economist at IFO, on Monday. He added that companies had revised production plans upwards and had increased export expectations for the industry. “The German economy is looking towards …

Today’s survey showed that German business confidence increased much more than expected in February, reaching its highest level since October as the industrial sector supports Europe’s largest economy despite the restrictions of lockdown measures. IFO said its business climate index rose to 92.4 from a revised level of 90.3 in …

The preliminary reading for service PMI in Germany showed a drop to 45.9 in February 2021 versus 46.7 last and below expectations of 46.5. Soft figures indicated the fastest decline in service production since May of last year, As isolation measures due to Coronavirus continue to weigh on service activity

The German manufacturing sector expanded more-than-expected in February, the preliminary manufacturing activity report from IHS/Markit research showed this Friday. The Manufacturing PMI in Eurozone’s economic power house came in 60.6 at this month vs. 56.5 expected and 57.1 prior.

The German ZEW headline numbers for February showed that the Economic Sentiment Index improved further to 71.2 versus 59.5 expected and 61.8 last. While the sub-index Current Conditions figure arrived at -67.2 in Feb versus -67.0 expected and -66.4 booked previously. Meanwhile, the Eurozone ZEW Economic Sentiment for Feb jumped …