Tag Archives: HICP

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. …

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 …

German business sentiment deteriorated more than expected in December, as companies grappled with geopolitical uncertainty, industrial stagnation, and broader economic headwinds in Europe’s largest economy. Ifo Business Climate Index Falls The Ifo Institute’s business climate index fell to 84.7 in December, down from a downwardly revised 85.6 in November. This …

German retail sales contracted by a larger-than-anticipated margin in October, highlighting ongoing consumer uncertainty amid challenging economic conditions. Monthly sales fell by 1.5%, significantly exceeding the 0.3% decline predicted by analysts polled by Reuters, according to data released on Friday by the German Federal Statistical Office. Mixed Sector Performance The …

German consumer sentiment is set to decline significantly in December, breaking a streak of improvements as households face growing concerns about job security and economic prospects, according to a survey released on Wednesday. Key Survey Results The GfK Consumer Sentiment Index, published by the Nuremberg Institute for Market Decisions (NIM), …

Investor confidence in Germany took a notable hit in November, clouded by the combined impact of domestic political turmoil and global economic uncertainties stemming from Donald Trump’s re-election as U.S. president. The ZEW Institute reported a substantial decline in its economic sentiment index, which dropped to 7.4 points from 13.1 …

Germany’s services sector experienced a slight improvement in October, with the HCOB Germany Services PMI rising to 51.6 from 50.6 in September, marking its first growth acceleration in five months. Although this three-month high signals expansion, underlying demand remains fragile, as shown by a drop in new business for the …

The decline in Germany’s manufacturing sector moderated in October, with the HCOB Germany Manufacturing PMI edging up to 43.0 from September’s 40.6, marking a three-month high. However, this index, compiled by S&P Global, remains well below the neutral 50-point level, signaling ongoing contraction. Key Points from October PMI Data Output …