Germany expects more than 1.5 percent growth this year
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German Finance Minister Hans Eichelsaid Thursday that the country's economy could grow more than 1.5 percent this year.
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German investor confidence rises in December after touching a 13-year low in November.
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Germany's annual inflation rate rose to 1.5% last month, from a two-and-a-half- year low of 1.1% in October, the Statistics Office says.
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German gross domestic product grew unexpectedly strongly in the second half of last year.
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Economic growth could reach 2.5 percent this year, a German minister said in remarks published Sunday, among the most optimistic forecasts yet for Europe's largest economy.
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German economic growth picks up but analysts doubt the recovery is sustainable.
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Consumer confidence in Germany, Europe s biggest economy, climbed to a six-month high as the winter holidays prompted shoppers to increase spending, the GfK market research company said.
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German finance professionals grew sharply more pessimistic about the country's economic growth outlook, fearing that the euro's record highs against the U.S. dollar will weigh on exports, a monthly survey showed Tuesday.
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The German economy grew by a solid 2.5 percent last year, helped by strong exports, but a downbeat survey of investor confidence pointed to clouds on the horizon for Europe's biggest economy.
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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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Germany&#39;s economy is still on the mend despite an unexpectedly sharp slowdown in growth over the summer, the country&#39;s central bank said Monday, predicting that exports would rise in the fourth quarter even as the euro soars.
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Germany's jobless rate rose to nearly 11 percent in December, the government's labor office said Tuesday, the same day that France said its growth stalled in the third quarter.
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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. Economy Minister Wolfgang Clement said on Monday that the government expected growth of 1.8% this year, falling to 1.7% in 2005.
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BERLIN Business confidence in Germany unexpectedly rose in December to its highest level in eight months, figures released on Friday showed.
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Beijing raised its estimate of the 2006 growth rate from 10.7 percent to 11.1 percent, moving China closer to overtaking Germany as the worldâs third-largest economy.
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Germany's public deficit amounted to 4.0 percent of gross domestic product in the first six months of the current year, well above the EU limit of 3.0 percent, official data showed.
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Germany raised its forecast for this year&#39;s budget deficit, saying declining tax income and increased spending on the unemployed will push the shortfall further beyond European Union limits for a third straight year.