German business morale falls more than expected
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German corporate morale deteriorated more than expected in December as firms took a dimmer view of current conditions, with retailers especially downbeat, a closely-watched survey showed on Wednesday.
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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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Business confidence in Germany slipped again in February, hit by the temporary dampening effects of an increase in VAT sales tax.
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BERLIN - German business sentiment improved unexpectedly in December after slumping sharply in November over concerns about high oil prices and worries that the strengthening euro could damage exports, a closely watched survey showed Friday.
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A closely-watched index of German business sentiment barely rose in October, showing that the current recovery in Europe's largest economy lacks the strength of previous upswings.
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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 investor confidence hits a 15-year low, bruised by a weak global economic outlook and a strong euro.
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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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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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German investor confidence dropped to the lowest in almost two years in November on concern that crude oil near $50 per barrel and the euro s appreciation will hurt economic growth and corporate profits.
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The number of people out of work in Germany fell to the lowest level in five and a half years in May thanks to the current boom in Europe&#39;s biggest economy, official data showed on Thursday.
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German unemployment falls to 10.1% as improving economic prospects allow firms to hire more workers.
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German business sentiment improved unexpectedly in December after slumping sharply in November over concerns about high oil prices and worries that the strengthening euro could damage exports, a closely watched survey showed Friday.
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Surging oil prices are weighing on business sentiment in Germany, the eurozone's biggest economy, a new poll showed.
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German business sentiment dipped in August amid concerns over the strength of the country&#39;s economic recovery, a closely watched survey showed Thursday.
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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, has fallen to its lowest level in more than a year, over concerns at a strengthening euro.