German Retail Sales Climb, But Import Costs Weigh on Outlook
German retail sales rose 0.8% in February, surpassing analyst expectations of 0.2%, but increasing import prices pose inflation risks that could impact consumer spending. Economists...
Tag : Germany
Germany to Relax Debt Limits to Boost Economy and Defence
Germany’s next governing parties have agreed to ease borrowing limits, unlocking over €1 trillion for defence and infrastructure spending. The debt brake, introduced in 2009,...
Germany Faces Recession Fears as Economy Shrinks by 0.2% in Q4 Ahead of Election
The German economy contracted more than expected in the final quarter of last year, raising recession fears as the country faces uncertainty ahead of federal...
Germany to be India’s Passage to Tighter European Integration
German Chancellor Olaf Scholz is visiting India for the 7th India-Germany Inter-Governmental Consultations (IGC), a biennial meeting held since 2011. His agenda also includes delivering...
Germany Slips into Recession as Inflation Hits Europe’s Largest Economy
Europe’s largest economy has been pushed into a recession by persistent inflation, last year’s energy price shock, reduced consumer spending and dried-up Russian gas supplies...
Germany’s Q3 GDP Growth Revised Higher
Germany’s economy expanded by slightly more than initially thought in Q3, as per Federal Statistics Office Destatis’ revised data published on Friday. The data said...
German Exports Register Unexpected Plunge in September
On Wednesday, Federal Statistical Office data showed that German exports registered an unexpected plunge in September, decreasing by 0.5 per cent in the month. The...
Germany Establishes 200 Billion Euro Fund to Ease Gas Crisis in ‘Energy War’ with Russia
On Thursday, the German government said it would throw up to 200 billion euros for controlling sky-high gas and electricity prices. The federal government has...
Europe’s STOXX 600 Falls 1% Ahead of German Inflation Data
On Thursday, Europe’s STOXX 600 index plunged, led by a fall in shares of Swedish group H&M after dismal earnings, with investors awaiting German inflation...
Lilium to Build 400 Air Taxis a Year, Seek Grants
The German air taxi developer Lilium Air Mobility is planning to build industrial capacity to make around 400 of its electrically powered Lilium Jet flying...
