Germany has bounced back from an early 2018 slowdown, official data showed Tuesday, as the pace of growth
accelerated despite the rumblings of a trade war that could trip up its export-led economy.
The German economy grew at a faster pace than expected in the third quarter, official data showed Tuesday, as robust foreign demand kept Europe's top economy humming.
Germany's council of economic experts on Wednesday sharply lifted growth forecasts for 2017 and 2018, but warned that an incoming government has much to do to future-proof the economy.
German business confidence soared in May to levels not seen in more than a quarter of a century, a monthly survey from the Munich-based Ifo institute showed Tuesday.
The German economy expanded sharply in the first three months of 2017, official data showed Friday, putting Europe's powerhouse on track to beat a late-1970s record for its longest-ever recovery.
The German government upgraded its economic forecast for 2017 slightly Wednesday, saying that strong domestic consumption would increase growth and bring down its much-criticised trade surplus.
German businesses rounded off 2016 with a stronger-than-forecast increase in confidence, a closely-followed
survey showed Monday, despite fears for the future over Brexit and Donald Trump.
The German economy, Europe's biggest, grew more than expected in the first three months of 2016, driven primarily by robust domestic demand, official data showed on Friday.
Germany kept unemployment at historic lows in April as the recovery in Europe's biggest economy remains on track, unfazed by global uncertainties and a huge influx of refugees, data showed on Thursday.
Germany ran up a record surplus in its public finances in 2015, with Europe's biggest economy showing "solid and consistent" growth last year, the federal statistics office said on Tuesday.
The German central bank or Bundesbank on Friday said it was upbeat about the outlook for expansion in Europe's biggest economy, upgrading its growth forecast for 2017.
A massive influx of refugees, and accompanying billions in public spending, have provided Germany with a long-awaited answer to partners' calls for it to do more to jumpstart the eurozone economy.
The German economy posted firm growth for the third quarter, boosted by consumer spending which is fast becoming a
cornerstone for German economic expansion, data published Tuesday showed.
The German economy, Europe's biggest, grew by 0.4 percent in the second quarter of 2015, fractionally faster than in the preceding three months, but slightly short of analyst expectations, official data showed on Friday.
Economic growth in Germany has picked up faster than expected thanks to low unemployment, higher wages and the weak euro, raising forecasts for the coming years, the German central bank, or
Bundesbank, said on Friday.
The German Chambers of Commerce and Industry (DIHK) warned on Thursday that a fresh burst of economic confidence might be unfounded, even as they raised their growth projections for 2015.
German business confidence slipped fractionally from its previous high level in May, as the upturn in Europe's biggest economy continues, the Ifo economic institute said Friday.
Germany's public finances are back in the black for the first time since 2007, as the federal, state and social security budgets all reported surpluses in the billions for 2014.
Germany's public finances were back in the black in 2014, as growth in Europe's biggest economy shifted up a gear at the end of the year, official data showed Tuesday.
The German economy, Europe's biggest, expanded surprisingly strongly in the fourth quarter of 2014, driven primarily by robust consumer spending, official data showed on Friday.
German businesses are confident about the outlook for Europe's biggest economy, a new poll showed on Monday, as a weaker euro and falling oil prices are set to boost the country's exporters.
The German economy, Europe's biggest, shrugged off global weakness to expand by a solid 1.5 percent in 2014, and could see growth accelerate this year, analysts said on Thursday.
The German labour market continued to shine in December, shrugging off current economic weakness, with unemployment now at its lowest level since unification, official data showed on Wednesday.
Investment sentiment in Germany rose sharply in December after a rebound the previous month, driven by a weak euro and plunging oil prices, a survey found on Tuesday.
