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German economy News

03 Jan 2019

Brexit poses risk, but German economy poised for further growth: minister

German exporters are also struggling with a more general slowdown of foreign demand as the global economy cools.

24 May 2017

German consumer confidence up for second month

German consumers remain in an upbeat mood for a second month in a row, dismissing risks on the horizon in view of a humming economy, said a closely-watched survey Wednesday.

31 Oct 2016

German supermarkets settle dispute to save 15,000 jobs

The German economy minister on Monday said two leading retailers had settled a dispute over the takeover of loss-making supermarket chain Kaiser`s Tengelmann, saving some 15,000 jobs.

18 Jul 2016

German economy to grow strongly in Q3 despite Brexit risks: Bundesbank

The German economy, Europe`s biggest, will continue to expand strongly in the third quarter, despite potential risks from the British vote to quit the European Union, the German central bank or Bundesbank said on Monday.

15 Feb 2016

Bundesbank sees German growth picking up in Q1 2016

German economic growth could pick up again modestly in the first three months of 2016, driven by robust domestic demand, the country`s national central bank said on Monday.

09 Feb 2016

Clouds over German economy as industrial output, exports fall

An unexpected drop in German industrial production in December, as well as a decline in exports, cast a shadow over the outlook for Europe's biggest economy, analysts said Tuesday.

27 Jan 2016

Germany trims 2016 growth forecast as foreign trade drags

Germany has lowered its growth forecast for 2016 in the face of an emerging market slowdown that is dampening exports, leaving domestic demand as the sole pillar of support for Europe`s biggest economy this year.

25 Jan 2016

Clouds over German economy as biz confidence falls to 11-month low

The outlook for the German economy, Europe's biggest, clouded over significantly in January as business confidence fell to its lowest level in 11 months, the Ifo economic institute said Monday.

German business confidence

24 Jun 2015

Greece sends German business confidence to four-month low

German business confidence fell to its lowest level in four months in June as uncertainty about Greece caused the outlook for Europe`s biggest economy to cloud over, the Ifo economic institute said on Wednesday.

German industrial orders

05 Jun 2015

German factory orders rise in April

German industrial orders, a key measure of demand for goods in Europe`s top economy, rose in April, the economy ministry said Wednesday, beating analysts` expectations.

03 Jun 2015

Merkel under pressure on coal ahead of G7 climate push

Chancellor Angela Merkel is hoping to send a robust message on climate change from a G7 summit this weekend but may be undermined by Germany`s own heavy dependence on coal.

German Car Sales

02 Jun 2015

German new car sales down in May

A total of 256,400 new cars were registered last month, a decrease of seven percent compared with the figure for the same month last year, VDA said in a statement.

22 May 2015

German economy reaches cruising altitude as business stay high

The German economy, Europe's biggest, appears to have reached cruising altitude as business confidence maintained its current high level in May, the Ifo economic institute said Friday.

13 May 2015

German economy slows, but French growth picks up in Q1

French growth picked up to 0.6 percent from zero percent, depicting strongest growth.

13 May 2015

German economy grows by 0.3% in Q1: statistics office

Germany's GDP expanded by 0.3 percent in price.

07 May 2015

German factory orders rise in March

The positive business climate and increase in domestic orders suggest that the fundamental trend in the manufacturing sector remains upwards.

04 May 2015

Germany braces for longest-ever rail strike

The drivers` union GDL has been locked in a bitter dispute with Deutsche Bahn management primarily focused on the employees it wants to represent, but also on wages and working hours.

German business

24 Apr 2015

German business confidence hits 10-month high

German business confidence rose to its highest level in 10 months in April, as recovery in Europe`s biggest economy continues apace, but optimism could soon begin to stall, the Ifo economic institute said Friday.

16 Apr 2015

Cheap oil, weak euro powering German recovery: Institutes

The German economy, Europe`s biggest, is enjoying a robust recovery, fuelled by cheap oil, the weak euro and a boom in consumer spending, the country`s top economic institutes said Thursday, sharply upgrading their growth forecast for this year.

12 Apr 2015

PM Modi meets movers and shakers of German economy

Prime Minister Narendra Modi Sunday met "movers and shakers" of German economy soon after his arrival here to attract foreign investment and seek support for his government's 'Make in India' initiative.

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