Germany: German consumer saves the day

The German economy narrowly avoided a technical recession.

Germany: Weak start to Q4 2019

In October the German composite PMI registered below the 50 no-change level for the second time in a row, signaling a further contraction in economic activity. 

Germany: Increased recession risk also for 2020

In September the mood in the German economy recorded a small improvement – the first one since March 2019. 

Germany: In reverse gear

After a good start to the year, the German economy has gone in reverse gear. In the second quarter, seasonally adjusted GDP shrank by 0.1%.

Germany: Fasten your seatbelts!

No sign of recovery or even stabilization. In July, the mood in the German economy recorded another sharp decline and fell to its lowest level since spring 2013.

Germany: H2 2018 déjà-vu fuels recession fears

Thanks to gains in the production of capital and consumer goods, seasonally adjusted industrial production in May rose by 0.9% compared with the previous month. 

Germany: Gloomy outlook

Bad news for German industry: New orders in the manufacturing sector contracted sharply in May, falling by a seasonally adjusted 2.2% compared to the previous month. 

Germany: Lower sentiment for longer

German business sentiment registered a renewed albeit limited setback in June, falling to its lowest level since November 2014. 

EMU: Slow descent from the debt mountain

The consolidation of Eurozone public finances has made good progress in recent years, with the average fiscal deficit falling to a record low in 2018. But the legacy of the European debt crisis still looms large.