German business confidence treads water as recovery set to lose momentum
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Business leaders in Germany appeared wary about the outlook for the eurozone's biggest economy, as the German government insisted that the current recovery would continue, even if surging oil prices would brake growth slightly.
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Germany's hesitant recovery slowed in the third quarter as exports slipped, with the economy growing by just 0.1 percent from the previous three months, according to government figures released Thursday.
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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 morale worsened in December to its lowest since January 2006, hit by a drop in firms' assessment of current business conditions that leaves Europe's largest economy looking weak going into 2008.
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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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German investor confidence dropped to its lowest in almost two years in November on concern that crude oil at US$50 per barrel and the euro's appreciation will hurt economic growth and corporate profits.
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A closely-watched index of German business sentiment barely rose in October, showing that the current recovery in Europe&#39;s largest economy lacks the strength of previous upswings.
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Business confidence in Germany slipped again in February, receding further from a 16-year high point in December, as companies become less optimistic about their situation and the outlook for the next six months, a survey showed on Friday.
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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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Investor confidence in Germany, Europe&#39;s biggest economy, dropped in August to the lowest level in more than a year, according to data released on Tuesday, amid concern that record oil prices would crimp global growth and impede a recovery in consumer ...
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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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BERLIN : 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 ...
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The growth of German exports, which have driven the country's recovery this year, will slow in 2005 amid an expected cooling in world economic growth, a leading industry group forecast Friday.
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FRANKFURT : Business leaders in Germany appeared wary about the outlook for the eurozone&#39;s biggest economy, as the German government insisted that the current recovery would continue, even if surging oil prices would brake growth slightly.
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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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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 ...
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The German economy, the biggest in the 12-country eurozone, was teetering on the edge of its third recession in just four years at the end of 2004, but the outlook for this year is brighter with investor confidence on the rise, data showed.