Yesterday we already reported on the dramatic decline in incoming orders in the manufacturing sector. Early this morning the Federal Statistical Office published the latest data for German industrial production. To be precise the statisticians […]
The hope for a deal between the USA and China is disappearing more and more. It has already been priced in so often. Beijing made it clear at the weekend that the talks would only […]
German producer prices rose by 2.5% in April compared with the same month last year. This means that the percentage rate of increase has now remained very stable for five months at between 2.4% and […]
Turnover in the manufacturing sector in Germany (industry + other companies such as food production etc.) fell by 0.2% in comparison with December to January, as recent official data show. Incoming orders also fell by […]
German consumer prices for February have just been published at 1.4%. January was 1.6%. Expected today was 1.5%. The “Harmonised Index of Consumer Prices” (HICP), which is more important for EU and ECB purposes, stands […]
The german Federal Administrative Court (Bundesverwaltungsgericht) has just announced a few minutes ago that a basic driving ban on diesel autos is permissible. According to the court in Leipzig, the cities of Duesseldorf and Stuttgart, […]
At 115.4, the ifo business climate index (Germanys most important economic Indicator) was weaker than expected (forecast was 117.1; the previous month was 117.6). The assessment of the current situation is 126.3 (forecast was 127.0; […]
At 17.8, the important german ZEW Index (business expectations) turned out to be better than expected (prognosis was 16.5; the previous month was 20.4). However, the assessment of the current situation is weaker, at 92.3 […]
As expected, German consumer prices rose by 1.6% in January (December 1.7%, November 1.8%). In January, food prices increased massively as in the previous months, this tim by 3.1% year-on-year. Important: The Harmonised Index of […]
Gone are the years of the Iron Austerity-general Wolfgang Schäuble (save where you can, no new debt!). Yanis Varoufakis and all the other debtors couldn’t get past him. He was the rock in the swell, […]
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