Tag: Germany

German Chancellor Friedrich Merz’s ruling coalition unveiled a package of economic reforms on Thursday, including €10 billion ($11 billion) in annual tax relief for lower-income earners, changes to the pension system, and measures to boost affordable housing.

German inflation fell to 2.4% in ‌June from 2.7% the previous month, preliminary data from the national statistics office showed on ​Tuesday.

Defense stocks plummeted on Wednesday after a report that Germany will abandon plans to build six warships, fuelling investor fears that the boost to defense contractors from increased government spending may not fully materialize.

German business morale rose in June, a survey showed on Wednesday, ​with companies more positive about their current situation than ‌they have been for nearly two years.

German investor morale rose unexpectedly in June as financial market experts bet on an easing of the Iran conflict and associated inflation pressures.

German ​inflation eased ‌slightly to 2.7% in ​May, ​the federal statistics ⁠office ​said on ​Friday, confirming preliminary data.

German retail ​sales fell ‌less than expected ​in April, ​decreasing by 0.3% ⁠compared ​with the ​previous month, data showed ​on ​Monday.

Germany’s consumer price inflation fell to 2.6% year-over-year in May 2026, down from an over two-year high of 2.9% touched in April and slightly below market expectations of 2.9%, according to preliminary data.

German business morale unexpectedly improved in May, a survey showed on Friday, but economists warn that the outlook for Europe’s biggest economy remains fragile despite separate data confirming first-quarter growth of 0.3%.

 German ​inflation accelerated ‌slightly to 2.9% in ​April, ​the federal statistics ⁠office ​said on ​Tuesday, confirming preliminary data.

The number of unemployed people in Germany rose ​more than expected in April and surpassed the politically ‌important 3 million mark in seasonally adjusted terms.

Inflation in Germany, as measured by the change in the Consumer Price Index (CPI), rose to 2.9% (preliminary estimate) in April from 2.7% in March.

German inflation ​eased slightly in ‌February to 2.0%, the ​federal statistics ​office said on ⁠Wednesday, confirming ​preliminary data.

German industrial production and factory orders both fell at the start of the year, tempering hopes for a swift recovery in the key manufacturing sector.

The number of unemployed people in Germany fell slightly but remained above three million according to labour office figures on Friday, as years of economic stagnation took a toll on the jobs market in Europe’s largest economy.

German Chancellor Friedrich Merz urged Chinese firms on Wednesday to step up investment in Germany but also called on Beijing to reduce market distortions as he began a visit aimed at resetting relations between the world’s second- and third-largest economies.

The German economy grew by 0.3% in the fourth quarter of 2025 compared with the previous quarter, the statistics office said on Wednesday, confirming its preliminary reading.

Confidence among German investors fell unexpectedly this month, highlighting the fragile nature of a recovery in Europe’s largest economy, though sentiment remains close to multiyear highs.

German inflation edged higher to reach 2.1% in January, the federal statistics office said on Tuesday, confirming preliminary data.

Economic data released by Germany’s statistical office on Friday showed a plunge in exports to the United States in 2025, as US President Donald Trump’s tariffs upend trade with Europe’s largest economy and top exporter.