German economy

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 business confidence dips on growing global concerns

BERLIN  — A closely-watched survey shows German business confidence slipping amid growing concerns about trade disputes and other economic issues. The Munich-based Ifo Institute said Thursday its survey of the outlook of German business executives fell to 102.8 points in October from 103.7 in September. It was the second monthly fall in a row. Survey … Continue reading BERLIN  | German business confidence dips on growing global concerns

FRANKFURT, Germany | Experts slash outlook for German economy amid trade worry

FRANKFURT, Germany  — Leading German economic institutes have sharply reduced their latest forecast for this year’s growth, citing trade worries, weakening demand from abroad and companies’ difficulty finding workers with the right skills. The fall version of the twice-yearly group forecast released Thursday cut the estimate for this year’s growth to 1.7 percent from 2.2 … Continue reading FRANKFURT, Germany | Experts slash outlook for German economy amid trade worry

BERLIN | German economy defies trade gloom with strong growth

BERLIN — The German economy accelerated in the second quarter despite the U.S. move to impose new tariffs on the European Union, official data showed Tuesday, performing slightly better than economists had expected. Germany’s economy, Europe’s biggest, grew by 0.5 percent compared with the previous three-month period. That is up from 0.4 percent in the … Continue reading BERLIN | German economy defies trade gloom with strong growth

BERLIN | German growth picks up slightly to 0.5 pct in 2nd quarter

BERLIN  — The German economy accelerated slightly in the second quarter to grow by 0.5 percent compared with the previous three-month period, official data showed Tuesday, performing a little better than economists had expected. Germany’s economy, Europe’s biggest, grew 0.4 percent in the first quarter — a figure that was revised upward Tuesday from the … Continue reading BERLIN | German growth picks up slightly to 0.5 pct in 2nd quarter

BERLIN | German economy grew by 0.5 percent in 2nd quarter

BERLIN— The German economy accelerated slightly in the second quarter to grow by 0.5 percent compared with the previous three-month period, official data showed Tuesday, performing a little better than economists had expected. Germany’s economy, Europe’s biggest, grew 0.4 percent in the first quarter — a figure that was revised upward Tuesday from the initial … Continue reading BERLIN | German economy grew by 0.5 percent in 2nd quarter

FRANKFURT, Germany | Trump trade tremors dampen confidence in German economy

FRANKFURT, Germany — A survey of investor confidence in the German economy has fallen to its lowest level since August 2012 on fears of an international trade war. The ZEW index fell to minus 24.7 points in July, from minus 16.1 points in June. The ZEW institute’s head, Achim Wambach, said Tuesday that fears about … Continue reading FRANKFURT, Germany | Trump trade tremors dampen confidence in German economy

German businesses optimistic, consumers happy, surveys show

BERLIN (AP)(STL.News) — German businesses remained optimistic in November following the election in the U.S. of Donald Trump as president, but began showing possible signs of concern about the future, a closely-watched survey showed Thursday. The Ifo Institute said its index remained unchanged at 110.4 points for November. It said businesses reported their current situation … Continue reading German businesses optimistic, consumers happy, surveys show