Unemployment in Germany
Germany - Unemployment
Germany narrowly avoided a technical recession in the fourth quarter, with economic growth coming in flat. This followed the release of full-year national accounts that had indicated a small rebound in Q4. The economy was nonetheless buttressed by domestic demand due to stronger fixed investment and public expenditure growth, while private consumption picked up slightly. The external sector, meanwhile, dragged on economic growth despite ending the year on a positive note in December. Looking ahead, a rebound in the first quarter of this year looks to be on the cards: Consumer sentiment picked up again in February, while the composite PMI continued to indicate improving business conditions in January and February. Business sentiment, however, remained somewhat pessimistic in the same period.Germany - Unemployment Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Unemployment Rate | 6.9 | 6.7 | 6.4 | 6.1 | 5.7 |
Germany Unemployment Chart
Source: Federal Labour Agency.
Germany Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 0.06 | 0.41 % | Mar 11 |
| Exchange Rate | 1.12 | 0.65 % | Mar 11 |
| Stock Market | 11,543 | -0.41 % | Mar 11 |
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Economic News
Germany: Inflation stable in February
March 14, 2019
In February, harmonized consumer prices in Germany rose 0.5% over the previous month.
Germany: Industrial production drops in January
March 11, 2019
Data on the industrial sector in Germany disappointed again with production dropping 0.8% month-on-month in January, swinging from December’s revised 0.8% expansion (previously reported: +0.4% month-on-month) and contrasting market expectations of a 0.5% increase.
Germany: Export growth comes in flat in January
March 11, 2019
Month-on-month export growth was flat in January, contrasting December’s revised 1.6% increase (previously reported: +1.5% month-on-month).
Germany: Consumer confidence expected to be stable in March
February 26, 2019
Consumer sentiment is expected to be stable at February’s 10.8 in March according to the GfK Group Consumer Climate index.
Germany: Business confidence drops further into pessimistic territory
February 22, 2019
Sentiment among German businesses became more pessimistic in February with the sixth consecutive drop in the Ifo business climate index.
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