Germany News

Chancellor Friedrich Merz Pledges Unwavering Support for Germany's Steel Industry Amid US Tariff Tensions

German Chancellor Friedrich Merz vows to protect the steel industry, a sector of strategic interest, amid US tariff tensions. He calls the EU-US trade deal painful but necessary to...

Germany's Manufacturing Sector Shows Signs of Recovery in July, PMI Hits Near Three-Year High

Germany's manufacturing sector showed slight improvement in July with PMI at 49.1, the highest in nearly three years. Output prices rose for five months, but production growth slow...

Klingbeil Warns: Germany's 2027 Budget Faces a Daunting €30 Billion Shortfall

German Finance Minister Lars Klingbeil warns of a €30 billion budget shortfall by 2027 due to increased spending and interest rates, urging immediate government action and fiscal c...

Chancellor Merz Warns: Germany's Economy Faces Heavy Blow from New EU-US Trade Deal

German Chancellor Friedrich Merz warns that the new EU-US trade deal will significantly harm Germany's export economy due to asymmetric tariffs, with 15% duties on German exports a...

Germany's Business Climate Shows Signs of Recovery in July, Ifo Reports

Germany's business climate improved slightly in July, with the Ifo headline index rising to 88.6 from 88.4 in June. Despite this, the economic recovery is described as anemic, with...

Germany's Economic Pulse Slows Slightly in July as Manufacturing and Services Show Mixed Signals

Germany's private sector showed mixed performance in July with a slight dip in the Composite PMI. Services expanded, reaching a four-month high, while manufacturing output dipped b...

Germany's Producer Prices Take a Dive: A 1.3% Drop in June Sparks Economic Insights

Germany's producer prices fell by 1.3% in June year-on-year, with energy prices dropping 6.4%. However, consumer, durable, and capital goods prices increased, highlighting a comple...

Germany's Bundesrat Greenlights a Massive €46 Billion Tax-Break Package to Revive Economy

Germany's Bundesrat approves a €46 billion tax-break package aimed at economic recovery, featuring corporate tax cuts, EV purchase incentives, rent controls, and increased defense ...

Germany's Trade Surplus Soars to €21.1B in March, Exceeding Analysts' Expectations

Germany's trade surplus rose to €21.1 billion in March, exceeding expectations. Exports increased to €133.2 billion, with the EU and the US as key markets, while imports stood at €...

Germany's Industrial Surge: March Factory Orders Leap by 3.6%, Signaling Robust Economic Recovery

Germany's factory orders rose by 3.6% in March, with significant growth in both domestic and foreign orders. Key sectors like electrical equipment and pharmaceuticals showed impres...

Germany's Industrial Sector Bounces Back: Factory Orders Surge 3.6% in March

Germany's factory orders rose by 3.6% in March, signaling a strong recovery in the industrial sector. Domestic and foreign orders increased, with significant growth in electrical e...

Germany's Industrial Sector Booms: Factory Orders Surge 3.6% in March, Signaling Economic Strength

Germany's factory orders saw a 3.6% increase in March, with significant growth in both domestic and foreign orders. Key sectors like electrical equipment and pharmaceuticals led th...

Germany's Industrial Sector Bounces Back: Factory Orders Surge by 3.6% in March

Germany's factory orders rose by 3.6% in March, marking a significant recovery. The Federal Statistical Office Destatis reports a 3.8% increase compared to last year, signaling str...

Germany Sees a Slight Dip in Unemployment Rate to 6.3% in April, Signaling Economic Resilience

Germany's unemployment rate slightly decreased to 6.3% in April, with a mixed annual and monthly comparison showing resilience and challenges in the labor market.

Germany's Unemployment Rate Drops to 6.3% in April, Marking a Slight Improvement

Germany's unemployment rate slightly decreased to 6.3% in April from 6.4% in March, with the number of unemployed residents falling by 36,000 month-on-month but rising by 182,000 y...

Germany Sees a Slight Dip in Unemployment Rate to 6.3% in April Amid Economic Adjustments

Germany's unemployment rate slightly decreased to 6.3% in April from 6.4% in March, with 2.9 million unemployed residents. The underemployment rate also showed changes, indicating ...

Germany's Unemployment Rate Drops to 6.3% in April, Marking a Slight Improvement

Germany's unemployment rate slightly decreased to 6.3% in April, with a reduction of 36,000 unemployed residents from March but an increase of 182,000 compared to April 2024. The u...

Germany's Economic Forecast for 2025: Stagnation Looms as Global Trade Tensions Rise

The German government expects economic stagnation in 2025, revising previous growth forecasts. With inflation projected to fall, concerns over US trade policies highlight potential...

Germany's Economic Slowdown Deepens: Composite PMI Hits Four-Month Low in April

Germany's private sector activity declined in March, with the Composite PMI Output Index dropping to 49.7, indicating contraction. The Services PMI hit a 14-month low, while manufa...

Germany's Private Sector Shrinks in April: A Deep Dive into the PMI Decline

Germany's private sector activity declined in March, with the Composite PMI Output Index marking a four-month low. The Services PMI hit a 14-month low, while manufacturing showed s...

Germany's Private Sector Slump Deepens in April: A Closer Look at PMI Figures

Germany's private sector activity shows a significant downturn in March, with the Composite PMI Output Index falling to a four-month low. The Services PMI hits a 14-month low, whil...

Germany's Economic Slowdown Deepens: Composite PMI Hits Four-Month Low in April

Germany's private sector activity shows a significant slowdown, with the Composite PMI Output Index dropping to a four-month low of 49.7 in March. The Services PMI hits a 14-month ...

Germany's Economic Slowdown Deepens: Composite PMI Dips into Contraction in April

Germany's private sector activity declines in March with the Composite PMI Output Index dropping to 49.7, indicating contraction. The Services PMI hits a 14-month low, while manufa...

Germany's Economic Downturn Deepens: Composite PMI Hits Four-Month Low in April

Germany's private sector activity shows a significant decline in March, with the Composite PMI Output Index dropping to a four-month low of 49.7. The Services PMI hits a 14-month l...

Germany's March Producer Prices Dip 0.2%, Energy Costs Lead the Decline

Germany's producer prices fell by 0.2% in March, with energy prices leading the decline. However, non-durable consumer goods, capital goods, and durable consumer goods saw price in...

Germany's March Producer Prices Dip 0.2%: Energy Costs Lead the Decline

Germany's producer prices fell by 0.2% in March, with energy prices dropping 3.6% month-over-month. However, non-durable consumer goods, capital goods, and durable consumer goods s...

Germany's Producer Prices Take a Dip in March: Energy Costs Lead the Decline

Germany's producer prices fell by 0.2% in March, with energy prices dropping significantly. Meanwhile, non-durable consumer goods and capital goods saw price increases, reflecting ...

Germany Greenlights UniCredit's Strategic 29.99% Stake in Commerzbank

Germany's Federal Cartel Office approves UniCredit's 29.99% stake in Commerzbank, a move previously authorized by the European Central Bank, signaling a significant consolidation i...

Germany's Industrial Output Takes a Hit: February Sees a 1.3% Monthly Decline

Germany's industrial production faced a downturn in February, with a 1.3% monthly decline and a 4% drop year-on-year. Key sectors like construction, food industry, and energy produ...

Germany's Industrial Output Takes a Hit: A 1.3% Drop in February Signals Economic Challenges

Germany's industrial production fell by 1.3% in February, with significant declines in construction, food industry, and energy production. The downturn reflects broader economic ch...

Germany's Trade Surplus Rises to €17.7 Billion in February, Defying Analyst Expectations

Germany's trade surplus rose to €17.7 billion in February, surpassing January's figures but falling short of last year's and analysts' expectations. Exports and imports both saw mo...

Germany's Industrial Sector Faces a Downturn: February Sees a 1.3% Drop in Production

Germany's industrial production fell by 1.3% in February, with significant declines in construction, food industry, and energy production. The sector faces a 4% drop compared to la...