Christmas Shoppers Boost Optimism on Growth of German Economy
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Strong Christmas sales helped increase finance professionals' confidence in the sluggish German economy, a monthly survey showed Tuesday.
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German consumers are seen being more confident in June, helped by better wages and job prospects, a survey finds.
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Germany's economy minister gives an upbeat assessment of the economy, forecasting growth of up 2.5%.
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A key index of German business confidence surged to eight-month high in December, the Munich-based Ifo economic research institute reported Friday.
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MUNICH - German business confidence recorded a surprise jump in December, a survey of 7,000 executives released on Friday showed, rebounding to its highest level in eight months and underscoring optimism that Europe&#39;s biggest economy will remain on a
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Retail sales in Germany rose in June, largely as a result of the positive effects on consumer spending of the World Cup soccer championships, data showed.
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Germany's stubbornly high unemployment rate spiked even higher in December to 10.8 percent, the Federal Labor Office reported Tuesday.
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NEW YORK - Improving conditions in the labor market and cheaper energy prices led to a sharp increase in consumer confidence in December.
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Investor confidence in Germany, Europe s largest economy, unexpectedly rose in December for the first time in five months as a drop in oil prices blunted the effect of the euro s surge against the dollar.
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The euro edged higher in European morning trade on Friday as Germanyâs influential IFO survey beat expectations. The index of business sentiment rose to 96.2 in December, the highest
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German business confidence posted a surprise gain in January, a key survey showed Thursday, amid worries that the US economy was heading into a recession.
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More consumers plan to increase their spending during this year's holiday season than did last year as concern about paying off debt has lessened and economic optimism has grown, a survey released Monday shows.
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U.S. consumers cheered up in early  December, sending potentially good news to retailers during the  crucial holiday shopping season, a report showed on Friday.
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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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American consumers grew more confident in December despite underlying concerns about the health of the economy, the Conference Board reported.
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The German economy, Europe s largest, grew at the fastest pace in four years in 2004 as a surge in exports more than compensated for a slump in consumer spending.
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Post-holiday discounts and shoppers redeeming gift cards helped boost retail sales 14 percent for the last full week of December, according to data released on Wednesday.