Tag: Germany

The harmonized German consumer price index eased to 1.8% in September, coming in lower than expected, preliminary data from the country’s statistics office Destatis showed on Monday.

The ruling coalition in Berlin is likely to struggle onward until a nationwide vote next year, according to political commentators, following a historic state election win for the far-right AfD over the weekend.

Inflation fell in six important German states in August due to lower energy prices, preliminary data showed on Thursday, suggesting Germany’s national inflation rate could decline noticeably this month.

German inflation fell more than expected in June, resuming its downward trend after two consecutive months of increases.

The German business climate declined in June, missing on estimates in all three readings.

The recovery in German investor morale tapered off in June, the ZEW economic research institute said on Tuesday, reporting a modest rise in its economic sentiment index that fell short of forecasts.

German wholesale prices fell by 0.7% in May compared with the same month last year, according to data released by the federal statistics office on Thursday.

German retail sales fell more than expected in April, decreasing by 1.2% compared with the previous month, dimming hopes that consumer spending could give a much-needed boost to Europe’s largest economy.

German inflation rose slightly more than expected to 2.8% in May, preliminary data from the federal statistics office showed on Wednesday.

Germany’s business outlook rose for a fourth month as confidence builds that the country’s economic rebound will strengthen over the rest of the year.

German investor morale improved more than expected in May, reaching its highest level since February 2022, when Russia invaded Ukraine, the ZEW economic research institute said on Tuesday.

German inflation held steady this month, adding to signs that price pressures have cooled sustainably in the eurozone’s most important economy.

German economic sentiment jumped more than expected in April, rising for the ninth straight month, as the economy shows tentative signs of improvement at the start of the second quarter.

German inflation fell to its lowest level since May 2021, nearing the European Central Bank’s target as its policymakers consider when to first cut interest rates.

German retail sales unexpectedly fell in February, data showed on Thursday, quashing hopes that private consumption could help Europe’s largest economy to recover in the first quarter.

The March Ifo index suggests that the bottoming out of the German economy is getting broader.

Today’s German macro data will fuel speculations about an early ECB rate cut as disinflation continues and economic activity remains weak.

Germany is likely in recession now as external demand is weak, consumers remain cautious and domestic investment is held back by high borrowing costs, the Bundesbank said in a regular monthly report on Monday about Europe’s biggest economy.

The yield on the 2-year German bund fell Monday as a European Central Bank official raised the prospect of a fairly imminent rate cut.

German inflation eased in January to 3.1%, the federal statistics office said on Friday, confirming preliminary data.