Oil prices hitting German economy
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The German government has said surging oil prices are on track to cut economic growth by about 0.25% this year.
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German investor confidence fell to the lowest in 15 months in September as higher oil prices crimped global growth and unemployment weighed on a recovery in Europe's largest economy.
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Oil prices hit record highs on  Thursday, fueling gains in some energy stocks, but fears that  high power costs will dent household incomes, raise firms'  expenses and hurt global growth weighed on Asian share markets.
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German business confidence slipped for a fourth month in five in September, suggesting rising oil prices and stagnant consumer spending may hold back the pace of growth in Europe s biggest economy.
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German business confidence unexpectedly rose to an 11-month high in January as oil prices fell, the euro retreated from a record and companies in Europe's biggest economy became more optimistic about domestic ...
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A new survey showed that investor confidence is picking up in Germany, as improved retail confidence and a stabilisation in both oil prices and the euro help fuel burgeoning optimism in the eurozone's biggest economy at the beginning of the new year.
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Investor confidence in Germany, the eurozone's biggest economy, stabilised, albeit at low levels, in December, as falling oil prices helped offset concerns about the negative economic effects of the strong euro, a new poll showed.
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Business confidence in Germany cooled unexpectedly in June as the prospect of rising interest rates and high oil prices sent an unseasonable shiver through companies in the eurozone&#39;s biggest economy, a key survey showed on Friday.
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World oil prices have shot to record highs as concern grows about even more expensive fuel at the petrol pumps. In London, Brent North Sea crude oil for delivery in November surpassed $50 a barrel for the first time in the contract&#39;s 16-year history.
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Germany&#39;s fragile recovery slowed in the third quarter as exports slipped, with Europe&#39;s biggest economy growing by just 0.1 percent, according to government figures released Thursday that underlined concerns over high oil prices and the strong euro.
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Clouds continued to gather over the German economy on Monday, as the Bundesbank estimated that the modest recovery of the eurozone's biggest economy already appears to be running out steam.
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Investor confidence in Germany, Europe s biggest economy, dropped for the first month in three in August amid concern about record oil prices and slowing growth in the U.S. and Japan.
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Inflation in Germany, the eurozone's biggest economy, looked set to slow this month as a result of easing energy prices, key regional data showed.
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The German economy, which grew strongly in the first half of this year on the back of robust exports, will see a slowdown next year as a result of the braking effects of runaway oil prices and a tailing off of foreign demand for German-made goods, top research institutes warned.
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Germany's economic recovery will slow in 2005 as high oil prices and the strong euro threaten Europe's largest economy, the government's council of economic advisers said Wednesday.
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The German economy, which grew strongly earlier this year on the back of robust exports, will see a slowdown in growth in 2005 as a result of runaway oil prices and a tailing off of foreign demand for German-made goods, top research institutes warned.
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German finance professionals&#39; growth expectations have dropped this month amid fears that soaring oil prices could slow the recovery of Europe&#39;s biggest economy, according to a survey released Tuesday.