Category: Germany Data

Germany’s Business Conditions Worsened Slightly in June, Ifo Reports

ZURICH (MaceNews) – German businesses were a bit more pessimistic in June than a month ago, as their view of both current conditions and their expectations for future developments were judged more negatively. The Ifo business climate index fell to 92.3 in June from 93.0 the previous month. Economists had expected a slight drop to […]

Eurozone Consumer Prices Rose 7.5% Y/Y in April; Narrow Core Measure Accelerates

ZURICH (MaceNews) – Consumer prices in the Eurozone rose 7.5 percent in April from a year ago, according to a flash estimate from Eurostat, and were in line with expectations, although it appears inflation is broadening. The overall pace of inflation in the Eurozone as measured by HICP rose from 7.4 percent year-over-year to 7.5 […]

German Economic Sentiment Plunges on Ukraine, Sanctions, ZEW Reports

ZURICH (MaceNews) – Economic sentiment in Germany fell by a historic margin in March, as the war in Ukraine and resulting sanctions against Russia pushed the ZEW institute’s measure of economic sentiment into sharply negative territory. The ZEW measure of economic sentiment plunged 93.6 points in March to a reading of -39.3 from the February […]

Economic Sentiment Improved in Germany During February, ZEW Says

ZURICH (MaceNews) – Economic sentiment in Germany improved in February, up 2.6 points to 54.3, according to the latest report from the Mannheim-based ZEW Institute. Today’s result was exactly in line with the median of 54.3 in an Econoday survey of economists’ forecasts. Moreover, current conditions were also seen in a more positive light, improving […]

German Ifo Jan. Business Sentiment Starts the Year on an Improved Note

ZURICH (MaceNews) – Sentiment among German businesses rose in January, reversing a series of declines since July, led by higher expectations according to the latest report from the Ifo Institute in Munich. Ifo’s Business Climate Index rose to 95.7 in January from a revised 94.8 (94.7) in December. The result is better than the slight […]

German Economic Outlook Starts the Year on a Strong Note, ZEW Report Shows

ZURICH (MaceNews) – Economic sentiment in Germany came in well above expectations in January indicating that the economy is seen improving in the coming six months, as COVID cases are seen falling by summer, the latest report from the Mannheim-based ZEW institute showed. ZEW’s Index of Economic Sentiment rose to 51.7 in January from 29.9 […]

Germany’s Consumer Prices Rose 5.2% From a Year-Ago; Energy Costs up 22.1%

ZURICH (MaceNews) – Consumer prices in Germany increased 5.2 percent in November from a year ago, up from 4.5 percent in October and exceeding economists’ expectations, according to preliminary data released by the Federal Statistics Office Destatis. Prices were driven higher by a 22.1 percent annual increase in energy costs, but Destatis also noted a […]

ECB’S Schnabel: Forecasts Show November is High Point of Inflation

ZURICH (MaceNews) – Currently surging inflation is seen peaking in November and then moving lower to once again fall below two percent, ECB governing council member Isabel Schnabel said in an interview Monday with Germany’s ZDF broadcaster. Inflation in the coming year will recede in direction of the ECB’s goal of 2 percent and many […]

Covid and Supply Bottlenecks Dampen German Business Sentiment in November

ZURICH (MaceNews) – Business sentiment in Germany fell in November as concerns over a fourth Covid wave and continued supply chain bottlenecks dampened both current conditions and expectations according to the latest report from the Munich-based Ifo Institute. The Business Climate Index median fell to 96.5 in November, slightly below the median of 96.7 in […]