Germany: Labor market unimpressed by near-recession

Despite the marked economic slowdown in the second half of 2018, the German labor market is proving to be robust. 

Germany: No stabilization in sight yet

German business sentiment continued its downward trend in February.

Germany: "Black Zero"

The German economy is moving sideways. After the slight decline in economic output in the third quarter, real gross domestic product in the final quarter of 2018, increased only slightly by 0.02% in seasonally adjusted terms compared with the previous quarter. 

Germany: Industry ends weak in a disappointing year

Industrial production rose only slightly in December with a plus of 0.2% compared to the previous month. On average in the fourth quarter, production thus fell sharply by 1.6% compared with the third quarter. 

Germany: Economic outlook with questions marks

The sentiment in the German economy deteriorated considerably in January. The ifo business climate index fell to its lowest level for almost three years.

Germany: Economic stuttering but no slump ahead

At 1.5%, the German economy last year recorded its weakest GDP growth since 2013. Calendar-adjusted GDP growth also expanded by 1.5% following a whopping 2.5% in the previous year. 

Financial assets: Weakest growth in seven years

The financial assets of German households – despite significant losses in the last quarter – will remain above the 6 trillion mark in 2018, but only just: by the end of the year they should be around EUR 6,010 bn.

Germany: Economic cycle risk politics

The sentiment in the German economy continued to deteriorate in December. The ifo business climate index fell to its lowest level for more than two years. 

Germany: Industry records weakest quarter in four years

Seasonally adjusted industrial production rose by only 0.2% in September compared with the previous month. On average in the third quarter, production was thus 0.9% below the level of the second quarter. It last recorded a similarly weak development in the second quarter of 2014.