Tag Archives: Germany

German Health Minister Jens Spahn said that a ban on entry to travellers from the Czech Republic and the Austrian region of Tyrol, from February 14, is necessary to prevent the spread of new types of Coronavirus. “They are unavoidable for a certain period of time to prevent the spread …

The German government plans to extend the lockdown until March 14, amid increased concerns about the new variants of the Coronavirus. Chancellor Angela Merkel is reportedly set to officially announce the new measures, urging citizens in Germany to maintain social distancing as a precaution against the virus. The lockdown was …

Germany recorded an annual inflation rate of 1% in January 2021, in line with preliminary estimates. For January, the annual rate of inflation accelerated from -0.3% to 1.0%, which was also in line with prelim figures. In both November and in December consumer prices had fallen by 0.3% year-on-year. consumer …

German exports grew in December as strong trade with China and the United States helped Europe’s largest economy as it struggled to grow under lockdown restrictions imposed to curb COVID-19 cases. The Federal Statistics Office said on Tuesday that exports, adjusted for seasonal factors, rose 0.1% month-on-month after a 2.3% …

German industrial production remained unchanged in December, in light of the comprehensive closures imposed at home and abroad to contain the Covid-19 pandemic, which curbed the export-oriented manufacturing sector in the largest European economy. This follows a 1.5% growth in the previous month, according to figures released by the Federal …

The German economy grew 0.1% inter-quarter in Q4 of 2020 with the expectation of 0% and 8.5% seen in Q3, the preliminary report published by Destatis revealed on Friday. Meanwhile, the GDP yearly rate fell by 3.9% in Q4 against the previous reading of -4% and beat market expectations of …

Inflation in Germany, measured by the Consumer Price Index (CPI), came at 0.8% in January, according to the flash estimate of Destatison Thursday. Moreover, the annual CPI rose to 1% from -0.3% in December.

The German government revised its expectations for economic growth in 2021 downwards to 3%, down from a previously estimated growth rate of 4.4%. Another lockdown as part of the preventive measures against the spread of the Coronavirus pandemic has left its toll on the biggest economy in Europe, as shown …

Germany, Europe’s largest economy probably contracted by 3% in the January to March period, the latest forecasts published by Germany’s economic institute DIW showed on Wednesday.

AstraZeneca has pulled out from the meeting with the European Union officials on coronavirus vaccine supplies that was scheduled to take place on Wednesday, Reuters reported, citing an EU official familiar with the matter.