In May, the business confidence indicator published by the Ifo Institute dropped to 106.9 points from 109.9 points in April. The decline exceeded market expectations, which had the index inching down to 109.4 points. The May result represents the first drop in business sentiment after the index recorded six consecutive monthly gains. According to the institute, the monthly drop revealed that firms showed less optimism about the current business situation, with the sub-indicator falling to its lowest level since July 2010. Moreover, respondents to the May survey also had a less optimistic assessment regarding their six-month business expectations, with the sub-index returning to levels seen in January. Owing to the monthly deterioration, the Institute acknowledged that the recent uncertainty in the Euro zone is impacting the German economy.
Germany Business Confidence
Business confidence falls more than expected
May 24, 2012
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Germany Economic News
October 10, 2016
The seasonally- and calendar-adjusted trade surplus increased from EUR 19.4 billion in July to EUR 22.2 billion in August, driven up by recovering exports.
October 7, 2016
In August, industrial production rose 2.5% from the previous month in seasonally-adjusted terms, in contrast to July’s large 1.6% drop, which had been the lowest reading in nearly two years.
September 29, 2016
Consumer prices in September rose 0.1% in a month-on-month comparison, according to preliminary data released by the Federal Statistics Office (Destatis) on 29 September.
September 28, 2016
Heading into October, the mood among German consumers weakened slightly but still stayed at a high level.
September 26, 2016
German businesses turned much more optimistic in September.