Tag: Germany

German Chancellor Friedrich Merz headed to Saudi Arabia on Wednesday to kick off a Gulf tour as the biggest EU economy seeks to diversify its key trade and energy partnerships.

German factory orders unexpectedly posted their biggest rise in two years in December, official data showed Thursday, fuelling hopes that a turnaround is taking hold in Europe’s struggling top economy.

The number of unemployed people in Germany hit a 12-year high, surpassing the 3 million mark this ​month, even after Europe’s biggest economy brushed off trade turmoil and outperformed economists’ growth expectations last quarter.

The mood among German consumers is set to improve in February, lifted by a sharp rise in income expectations following an increase in the minimum wage since the start of the year as well as reduced inflation fears, a survey showed on Wednesday.

German producer prices fell broadly in line with expectations in December, decreasing by 2.5% from a year earlier, the federal statistics office reported on Tuesday.

German inflation slowed in December to 2.0%, the federal statistics office said on Friday, confirming preliminary data.

Germany eked out 0.2 per cent growth in 2025, as Europe’s largest economy slowly recovers from a multiyear recession.

German exports unexpectedly fell while industrial output ticked up in November, official data showed on Friday, highlighting both the challenges Europe’s biggest economy faces globally and moderate improvement at home.

German inflation slowed more than expected in December, dipping to 2.0% year on year, preliminary data from the federal statistics office showed on Tuesday.

Germany unveiled the “Deutschlandfonds” on Wednesday, a 30 billion euro ($35.22 billion) initiative designed to mobilize private capital for investments in energy transition, technology, and industrial modernization as Europe’s largest economy seeks to regain competitiveness.

German inflation rose to 2.6% in November, the federal statistics office said on Friday, confirming preliminary data.

German inflation rose more than expected, to 2.6% year on year in November, preliminary data from the federal statistics office showed on Friday.

The number of unemployed people in Germany has topped three million for the first time in a decade, labour office figures showed on Friday, raising the stakes for the government’s huge investment plans to deliver quick results.

The economy had seen a slight uptick at the start of this year as businesses sought to get ahead of tariffs, but the country has now slipped back into contraction territory.

Germany said on Monday that the United States would have to follow through on agreed lower tariffs on Europe-made cars before a wider agreement on trade can be finalised in writing.

The euro zone economy eked out a better-than-expected 0.1% growth in the second quarter, compared to the previous three-month stretch, flash data from Eurostat showed Wednesday.

German retail sales unexpectedly fell by 1.6% in May compared with the previous month, statistics office data showed on Monday, dampening hopes for strong growth in the second quarter for Europe’s largest economy.

Germany’s annual inflation hit 2.1% in May approaching the European Central Bank’s 2% target but coming in slightly hotter than analyst estimates, preliminary data from statistics office Destatis showed Friday.

German inflation came in at a lower-than-expected 2.3% in March, preliminary data from the country’s statistics office Destatis showed Monday.

German retail sales in February exceeded expectations but a rise in import prices pointed to a looming surge in inflation, potentially dampening consumer spending, according to data published on Monday.