German investor confidents slides on high oil prices
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Investor confidence in Germany has declined more sharply than anticipated, a major economic think tank said, as high oil prices put a damper on hopes of a continuation of the nascent recovery.
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Oil steadied on Monday after a steep   drop triggered by investors' realization that ample U.S. fuel   stockpiles would see the world's biggest energy burner   comfortably through winter.
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Confidence at German companies worsened less than expected in August, the closely-watched Ifo survey showed on Thursday, but the institute&#39;s president said a recovery was still not on solid ground.
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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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Investor confidence in Germany, Europe s largest economy, increased for a second month in January after the cost of oil declined and the dollar s recovery against the euro reduced concern about slowing export ...
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Business confidence in Germany remains close to its highest levels in 15 years, according to a new survey which confirms that the recovery of the eurozone&#039;s biggest economy remains on track despite concerns about the strong euro and high oil prices.
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Worries about the strengthening euro and concerns over persistently high oil prices helped push German business confidence down in November, a closely watched survey showed Thursday.
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Producer price inflation in Germany, which has been surging recently as a result of runaway energy and steel prices, slowed somewhat last month as oil prices came off the boil, according to the federal statistics office Destatis.
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Investor confidence in Germany, Europe s biggest economy, probably fell for the first month in three in August amid concern about a global slowdown and surging oil prices, a survey of economists showed.
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Industrial production in Germany, Europe&#39;s largest economy, unexpectedly declined for a second month in September as domestic demand flagged and oil prices surged.
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Business confidence in Germany, Europe&#39;s largest economy, probably declined to a four-month low in October amid signs that both export orders and consumer spending are slowing, a survey of economists showed.
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Business confidence in Germany slipped again in August, but its decline was smaller than feared by analysts, according to a widely-watched index by the Ifo economic research institute published Tuesday.
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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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German business confidence fell again in September amid concerns over market turmoil, a survey says.
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German business confidence dipped in August, reflecting worries about the strength of the country's economic recovery, a survey of German executives showed Thursday.
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German Chancellor Gerhard Schroeder said that the hike in oil prices was not currently hurting the eurozone's biggest economy but that he was closely watching the cost of crude.
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Investor confidence in Germany appears to be stabilising with falling oil prices helping take the sting out of the soar-away euro, and the eurozone's biggest economy remains on track for a modest recovery next ...