Germany: GDP growth decelerates in 2013
According to a preliminary estimate from the Federal Statistics Institute (Destatis), GDP expanded 0.4% in 2013, which marked a deceleration compared to the 0.7% expansion registered in 2012. The reading, […]
According to a preliminary estimate from the Federal Statistics Institute (Destatis), GDP expanded 0.4% in 2013, which marked a deceleration compared to the 0.7% expansion registered in 2012. The reading, […]
In November 2013, industrial production expanded a healthy 1.9% over the previous month in seasonally-adjusted terms. The reading contrasted the 1.2% contraction registered in October and overshot the 1.5% increase […]
The seasonally and calendar-adjusted trade balance recorded a EUR 17.8 billion surplus in November 2013. The result came in above the EUR 16.7 billion surplus registered in October, but fell […]
The business confidence indicator published by the Ifo Institute increased in December and has now reached its highest level since April 2012. The indicator matched market expectations, coming in at […]
On 17 December, Angela Merkel was confirmed as Chancellor for a third term. The swearing-in came after the Social Democratic Party (SPD) approved the content of the coalition agreement, in […]
Annual headline inflation inched up from 1.2% in October—a six-month low—to 1.3% in November, which was in line with market expectations. In November, annual average inflation remained at October’s 1.6%. […]
In October, industrial production contracted 1.2% over the previous month in seasonally-adjusted terms. The reading followed the revised 0.7% contraction registered in September (previously reported: -0.9% month-on-month) and contrasted the […]
In October, the seasonally and calendar-adjusted trade balance recorded a EUR 16.8 billion surplus. The result was below both the EUR 18.7 billion surplus observed in September and the EUR […]
The GfK forward-looking consumer confidence indicator increased to 7.4 points in December, which marked a significant improvement over the 7.1 points recorded in November. The upward-moving trend that began in […]
The business confidence indicator published by the Ifo Institute increased in November and now sits at the highest level since April 2012. The indicator came in at 109.3 points, which […]