The German economy lost momentum in 2022 as the country faced multidecade high inflation rates as energy prices soared, posing challenges for its key industrial sector. The eurozone’s largest economy Read more
Tag: German
German police arrest 25 on suspicion of an armed coup led by suspected far-right extremists
BERLIN (AP) — Thousands of police carried out a series of raids across much of Germany on Wednesday against suspected far-right extremists who allegedly sought to overthrow the state in Read more
German business sentiment improves in November
Business confidence in Germany increased in November, beating expectations, as companies foresee a less severe recession than previously expected. The Ifo business-climate index rose to 86.3 points in November from Read more
German inflation hits highest level in more than 70 years
Germany’s annual inflation rate accelerated in October, hitting the highest reading since December 1951, according to final data released by the German statistics office on Friday. The consumer price index Read more
German industry expanded in September, despite slowdown in demand, energy crisis
Germany’s industrial production rose in September, beating expectations even as demand for goods moderated and factories grappled with high energy prices and supply bottlenecks. Total industrial output–comprising production in manufacturing, Read more
German factory orders fall a bigger-than-expected 4% in September
New orders in Germany’s manufacturing sector fell sharply and by more than forecast in September reflecting weakening external demand for goods in a context of rising input costs and high Read more
German factory orders fall a bigger-than-expected 4% in September
New orders in Germany’s manufacturing sector fell sharply and by more than forecast in September reflecting weakening external demand for goods in a context of rising input costs and high Read more
German trade surplus widened in September
Germany posted a trade surplus in September, although the country was expected to swing to a trade deficit. Germany’s trade surplus–the country’s balance of exports and imports of goods–was 3.7 Read more
German consumer sentiment set for slight recovery in November
Consumer confidence in Germany is set to recover modestly in November, after falling in October to an all-time low. Market research group GfK’s forward-looking consumer-sentiment index forecasts confidence rising to Read more
German Business Sentiment Remains Depressed in October
By Maria Martinez Business confidence in Germany fell slightly in October, remaining at a very low level, as companies expect a challenging winter due to the energy crisis. The Ifo Read more