German Economy

German factory orders increase for first time in 5 months

Recent business confidence indicators suggest a good start to the final 3 months of the year

Friedrich Merz, Germany's chancellor-in-waiting and leader of the Christian Democratic Union party, plans to have  defence spending exempted from the country’s debt brake once it exceeds one per cent of GDP - or 45 billion euros (S$64 billion) when applied to the current size of Germany’s economy.

Germany’s Merz vows billions for defence, economy

GERMANY’S likely next chancellor Friedrich Merz said on Tuesday that his centre-right CDU/CSU and the centre-left Social Democrats (SPD) would propose an unprecedented package of billions of euros in ...

Economists have long blamed the debt brake, adopted in 2009, for holding back Germany’s economy, which is expected to shrink this year.
NEWS ANALYSIS

German government collapse could have silver lining for Europe’s markets

THE collapse of Germany’s government could have a silver lining for the eurozone’s ailing economy with potentially higher spending likely to support its currency and stock markets, even if the path re...

A stronger-than-expected decline in German's economic sentiment index to 7.4 points from 13.1 points in October, according to ZEW institute.

German investor morale falls, rattled by Trump and coalition collapse

GERMAN investor morale clouded over in November, an economic research institute said on Tuesday (Nov 12), saying that the uncertainty unleashed by Donald Trump’s US election win and the collapse of th...

German industry is struggling to escape a prolonged malaise, weighed down by weak global demand, structural challenges at home and political uncertainty within the country and beyond.

German industry output drops as tariff threats weigh on recovery

GERMAN industrial production declined in September, pouring cold water on hopes that the country’s factory slump may be bottoming out.

German's manufacturing sector is expected to remain subdued amid higher energy costs and weak Chinese demand, among others.

German industrial production rises but recession risk remains

The uptick comes as its car manufacturing sector output increases 19.3% in August, following a drop of 9.2% in July

Last month Germany’s leading economic institutes downgraded their forecast for 2024 to a contraction of 0.1 per cent.

German government expects economy to shrink by 0.2% this year: newspaper

GERMANY’S economy ministry plans to downgrade its 2024 economic growth forecast, expecting Europe’s largest economy to shrink by 0.2 per cent, newspaper Sueddeutsche Zeitung reported on Sunday.

German manufacturing was mired in a downturn, easing in September to 50.6 from 51.2 in August, against analyst expectations which predicted a less steep decline.

German business activity sinks deeper into contraction in September, PMI shows

The composite index tracks the services and manufacturing sectors that account for more than two-thirds of the eurozone’s largest economy

Figures published in recent weeks have painted a gloomy picture for Europe’s largest economy, where output unexpectedly shrank by 0.1 per cent in the second quarter.

German investor confidence plunges to lowest since January

An expectations gauge compiled by the ZEW institute fell to 19.2 in August from 41.8 in July

Germany, traditionally a driver of European growth, was the only major advanced economy to shrink in 2023 as it battled high inflation, a manufacturing slowdown and cooling export demand.

German economy unexpectedly shrinks in second quarter

Output contracted slightly by 0.1 per cent compared with the previous three months