Tag: Germany

.Investors piled into European arms manufacturer shares and punished long-dated government bonds on Monday, following the clearest sign yet the region’s leaders were racing to increase defence spending and help to secure peace in Ukraine.

German annual inflation came in at an unchanged but higher-than-expected 2.8% in February, provisional data from statistics agency Destatis showed Friday.

German inflation was unchanged year-on-year at 2.8% in January, preliminary data from the country’s statistics office Destatis showed Friday in the last reading before Germans head to the polls next month.

The German economy shrank by 0.2% quarter-on-quarter in the three months ending in December, according to preliminary data released by Germany’s statistics office Destatis on Thursday.

The German government on Wednesday slashed its gross domestic product forecast to just 0.3% growth in 2025.

German producer prices rose less than expected in December, rising by 0.8% on the year, the federal statistics office reported on Monday.

Germany’s economy shrank for a second straight year in 2024, underlining the severity of the downturn facing Europe’s manufacturing powerhouse.

German inflation jumped to a higher-than-expected 2.9% in December, German statistics office Destatis said in the first reading since the country’s government was dissolved late last month.

Germany faces another year of economic stagnation after the Bundesbank slashed the country’s 2025 growth forecast and warned that a US-led trade war risked pushing it into recession.

Germany has revealed that it is planning to invest approximately €2bn in the country’s semiconductor sector, in the form of subsidies, according to Bloomberg. However, further details have not been revealed.

Germany’s gross domestic product unexpectedly increased in the third quarter, driven by government and household spending, skirting a recession amid fears that Europe’s biggest economy would contract for a second consecutive quarter.

The mood of German consumers is improving as they head into November but remains “extremely low” amid war in Europe and corporate crises at home, a key survey showed Tuesday.

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.