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Ifo lowers German growth forecast for 2024 to marginal 0.2% increase
dpa international via Yahoo News· 3 months agoGermany's ifo Institute has once again lowered its growth forecast for this year and now sees a...
Export optimism lifts mood in the German car industry, survey finds
dpa international via Yahoo News· 2 months agoImproved export prospects are lifting the mood in the German automotive industry, according to a...
EU exports to Russia reduced to 37% of pre-war level
Ukrayinska Pravda via Yahoo News· 5 months agoAccording to the Ifo Munich Institute for Economic Research, EU exports to Russia have decreased to 37% since the beginning of Russia's full-scale...
German business climate survey shows outlook worsened in January
dpa international via Yahoo News· 4 months agoA widely watched survey that tracks German companies' views toward the business climate in the...
German GDP expected to contract 0.6% this year - economic institutes
Reuters via Yahoo Finance· 8 months agoFive economic institutes are predicting Germany's economy will shrink by 0.6% this year, as rising...
Outlook for German construction sector grim in 2024, researchers say
Reuters via Yahoo Finance· 5 months agoBERLIN (Reuters) -The outlook for Germany's construction sector is grim for 2024, according to two...
Forecasts for German economy see stagnation, or recession, in 2024
dpa international via Yahoo News· 3 months agoSeparate economic forecasts for the German economy predicted continued weakness in the current year,...
Why some are calling Germany ‘the sick man of Europe’ once again
CNN Business via Yahoo Finance· 9 months agoIt’s been nearly two decades since Germany shrugged off its “sick man of Europe” label with a series...
UPDATE 4-Drop in German business morale points to longer recession
Reuters via Yahoo Finance· 11 months agoThe Ifo institute said its business climate index fell to 88.5 this month from 91.5 in May. A Reuters poll of analysts had predicted a smaller drop to 90.7 in June. "Sentiment in the German ...
UPDATE 1-German economic institutes slash 2024 GDP forecast to 0.1%
Reuters via Yahoo Finance· 2 months agoLeading German economic institutes said on Wednesday that they expect the country's economy to grow by 0.1% in 2024, slashing their prior forecast of 1.3% as high interest rates, weak global ...