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Latest Articles in german economy
Germany's Real Earnings Fall By Record 4.1% Due To High Inflation
According to Destatis, the record 7.9 per cent annual inflation in the Europe's largest economy last year more than offset the 3.4 per cent increase in nominal earnings
Read MoreGerman Economy To Contract 0.2% By 2023: Economic Advisers
With a mild winter, GDP is expected to fall in the last three months of the year and the first three months of next year
Read MoreStrong Exports, Construction Boost German Economy In Fourth Quarter
A debt-financed fiscal splurge created an overall state budget deficit of 139.6 billion euros or 4.2% of gross domestic product in 2020
Read MoreGerman Economy To Shrink Slightly In Q4 - Economist
"Industry has improved significantly - especially the chemical industry and mechanical engineering,"
Read MoreGerman Exports Inch Up, Giving Economy Hope Of Avoiding Fourth-Quarter Slump
Exports to China rose by 0.3% in October from a year earlier, while those to the United States fell by 10.5% and those to the United Kingdom dropped 11.7%.
Read MoreGerman Economy Grows Record 8.2% In Third Quarter
The jump in output from July to September was the biggest since the office began collecting quarterly growth data in 1970 and was stronger than the 7.3% increase predicted by economists in a Reuters poll.
Read MoreGerman Economy Grew By 6% In Third Quarter But Recovery Likely To Slow
DIW pointed to the threat of further coronavirus-related restrictions and said many companies were still struggling with the consequences of the lockdown imposed in spring and had hardly any financial reserves left.
Read MoreGerman Economy To Rebound In Third Quarter From Double-Digit Dip In Second Quarter - Ifo
The Ifo economic institute, whose business climate index rose for the second consecutive month in June as firms believe the worse of the damage wrought by a lockdown to contain the coronavirus is over
Read MoreGerman Economy To Shrink By 6.5% This Year Due To Coronavirus - Economic Advisers
The council said it expects a slow recovery in the second half of the year, with gross domestic product (GDP) forecast to grow by 4.9% next year.
Read MoreGerman Economy Should Reach Pre-Crisis Level In H2 2022
Chancellor Angela Merkel's ruling coalition on Wednesday agreed a bumper stimulus package amounting to 130 billion euros ($145.56 billion) to speed up Germany's recovery from the coronavirus.
Read MoreGerman Economy To Shrink By At Least 10%
Nearly 50% of German industrial companies are putting investments on hold and are planning to cut their budgets because of the coronavirus pandemic
Read MoreGerman Economy Likely Shrank By Record 9.8% In Second Quarter Due To Coronavirus
The top economic research institutes said that was due to the lockdown measures introduced to help slow the spread of the coroanvirus.
Read MoreGerman Economy 'Flirts With Recession' As Q4 Output Stagnates
Gross domestic product in Germany expanded by 0.4% from October through December after a 0.6% expansion in the previous three months, seasonally adjusted figures from the Federal Statistics Office showed.
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