economy ministry

BERLIN | Industrial production drops in Germany in October

BERLIN — Official figures show that factory production in Germany declined in October in another sign that Europe’s largest economy may be slowing. The Economy Ministry said Friday that industrial production dropped 0.5 percent in October over September after adjusting for seasonal and calendar factors. The drop erased modest gains made in the last two … Continue reading BERLIN | Industrial production drops in Germany in October

BERLIN | German economy shrinks for the first time since early 2015

BERLIN — Germany‘s economy shrank slightly in the third quarter of 2018, the first quarterly decline since early 2015, largely because of bottlenecks in getting new cars certified under tougher emissions tests. The Federal Statistical Office reported Wednesday that the German economy shrank by 0.2 percent in the third quarter. The figures have been adjusted … Continue reading BERLIN | German economy shrinks for the first time since early 2015

BERLIN | German factory orders edge higher in September

BERLIN — German factory orders edged up unexpectedly in September, pushed higher by demand from inside the country and elsewhere in the 19-nation eurozone. The Economy Ministry said Tuesday that orders were up 0.3 percent compared with the previous month, following a 2.5 percent rise in August. Economists had expected a 0.5 percent decline. The … Continue reading BERLIN | German factory orders edge higher in September

BERLIN | German factory orders rise in August on foreign demand

BERLIN — Factory orders in Germany, Europe’s largest economy, rose strongly in August after two months of declines, boosted by strong foreign demand from outside the eurozone. The Economy Ministry said Friday that orders rose 2 percent in August over July, in seasonally and calendar adjusted figures. That follows a 0.9 percent drop in July … Continue reading BERLIN | German factory orders rise in August on foreign demand