PMI Signals Resurgent Growth for 2011
November data signalled resurgent growth in the German manufacturing sector, with output and new orders both rising at faster rates than in the previous month. This contributed to a strong pace of job creation, which accelerated to its sharpest since the survey-record high posted in March 2008. Read more
German Economy has Shifted into Higher Gear
The Ifo Business Climate for industry and trade in Germany improved again strongly in April. Firms are considerably more satisfied with their current business situation than before. Read more
Business Climate Brightening Again
The Ifo Business Climate for industry and trade in Germany brightened once again in January. The current business situation of firms has further improved. With regard to the business outlook for the next six months, the surveyed firms are more confident than before. According to ifo, the economic recovery continued at the beginning of this year. Read more
Input Costs Rising in December 2009
Output levels in the German manufacturing sector continued to rise at a robust rate in December, extending the current period of expansion to six months. New order volumes also increased, albeit at a slower rate, leading to a further accumulation of unfinished work. An ongoing recovery in client demand resulted in slower job shedding at the end of 2009, with the latest drop in workforce numbers the weakest for fourteen months. However, margins were squeezed in December as price discounting continued, while input costs rose for the first time since October 2008. Read more
Improving Ifo Business Climate
The Ifo Business Climate for industry and trade in Germany clearly improved again in November. Read more
GfK Consumer Climate Continues to Improve
The upward trend in the German consumer climate is continuing into late summer. Both economic and income expectations have once again increased and the propensity to buy has also improved. Read more
ZEW: Optimism Returns
The ZEW Indicator of Economic Sentiment for Germany increased considerably in August 2009. The indicator rose by 16.6 points and now stands at 56.1 points, after 39.5 points in the previous month. This value is well above the indicator’s historical average of 26.5 points. Read more
German Economy Expanding Again
As reported by the Federal Statistical Office (Destatis), the German economy expanded slightly in the second quarter of 2009, for the first time since Q1 of 2008. After adjustment for price, seasonal and calendar factors, gross domestic product increased by 0.3% in the second quarter of 2009 against the previous quarter. Read more
ZEW Indicator of Economic Sentiment Improved
The ZEW Indicator of Economic Sentiment for Germany improved in June 2009. This is the eighth month in a row with an increase. The indicator rose by 13.7 points and now stands at 44.8 points after 31.1 points in the previous month. This value is above the indicator’s historical average of 26.3 points. Read more
