Germany’s economy could expand by around 1% in 2026, nearly twice the 0.5% growth forecast by the Bundesbank in June, President Joachim Nagel said. He pointed to stronger-than-expected export demand and increased government spending as key drivers behind the economy’s resilience after three years of stagnation. The German government’s debt-financed spending package,
Europe’s economy is facing mounting pressure as the ongoing Iran war drives up energy costs and weakens business activity across the region. Fresh data showed the euro zone economy contracted at its fastest pace since late 2023, with rising fuel and living costs reducing consumer demand and hurting the services sector. Economists warned the crisis […]
Germany’s service sector growth lost momentum in March, with business activity slowing sharply due to weakening demand linked to the ongoing Middle East conflict. The latest survey by S&P Global showed that the services Purchasing Managers’ Index (PMI) fell to 50.9 from 53.5 in February, marking its lowest level in seven months, though still slightly […]
Services activity across the euro zone expanded at a slightly faster pace in February as demand conditions improved, according to a Purchasing Managers’ Index (PMI) survey compiled by S&P Global. The HCOB euro zone services PMI rose to 51.9 from 51.6 in January, signalling continued growth, though the pace of expansion remained modest. Economists noted […]
Germany’s unemployment total remained above three million in February, underscoring persistent strain in Europe’s largest economy after two consecutive years of contraction. Labour office data showed 3.07 million people out of work, slightly down from the previous month but 81,000 higher than a year earlier. On a seasonally adjusted basis, unemployment rose by 1,000 to
Germany’s private sector expanded at its fastest pace in four months in February, signaling renewed momentum in Europe’s largest economy. The HCOB Flash Germany Composite Purchasing Managers’ Index, compiled by S&P Global, rose to 53.1 from 52.1 in January, surpassing analysts’ expectations. A reading above 50 indicates growth, pointing to stronger overall business
Germany’s economy is projected to grow by only 1% in 2026, according to the German Chamber of Industry and Commerce (DIHK), which warned that deeper reforms are needed for a sustainable recovery. The forecast marks a slight upgrade from its earlier 0.7% estimate, but DIHK managing director Helena Melnikov said the pace remains inadequate compared […]
German investor confidence jumped sharply in January to its highest level since August 2021, according to the ZEW economic research institute, signalling rising optimism about Europe’s largest economy. The ZEW expectations index climbed to 59.6 points, far exceeding market forecasts of 50.0 and up from 45.8 in December, as investors grew more hopeful that 2026 […]
Germany’s economic recovery after three years of stagnation is expected to begin slowly next year before gaining momentum later, according to the Bundesbank’s latest biannual economic projections. Europe’s largest economy has struggled since 2023 due to a weakened industrial sector, subdued consumer spending and restrained government expenditure. A turnaround began this
German business sentiment unexpectedly weakened in December, highlighting ongoing struggles in Europe’s largest economy, according to a survey released by the Ifo Institute. The Ifo business climate index fell to 87.6 from a slightly revised 88.0 in November, defying expectations of a rise to 88.2. Commenting on the data, Ifo survey head Klaus Wohlrabe said […]









