Fiscal Balance in Germany

Germany Fiscal Balance | Economic News & Forecasts

Germany - Fiscal Balance

Growth is expected to have slowed markedly in the second quarter as the harsh external environment continues to leave its mark on the German economy. Industrial output fell in April–May, partly owing to a noticeable drop in manufacturing production, while manufacturing PMI data points to a deeper contraction in the sector in Q2 compared to Q1. Moreover, business confidence soured in the quarter due to concerns about the future economic climate. This in part reflects troubles in the automotive sector, which is suffering from the global slowdown, especially in China, and lingering trade uncertainties. On the other hand, domestic fundamentals are seemingly still healthy. Retail sales recovered in April–May as the labor market remained tight and inflation manageable, and the services PMI increased in Q2 over the prior quarter. However, consumer sentiment deteriorated due to a more uncertain global outlook.

Germany - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-0.1  0.6  0.8  0.9  1.0  

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Germany Facts

ValueChangeDate
Bond Yield-0.480.41 %Jul 31
Exchange Rate1.110.65 %Jul 31
Stock Market12,189-0.41 %Jul 31

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