German industrial orders rose by 1.6 percent in October from their level in September, Economy Ministry data showed on Tuesday, slightly below analyst expectations.
The German economy, Europe's biggest, should post record growth of 3.6 percent this year followed by expansions of 2.0 percent in 2011 and 1.5 percent in 2012, the central bank forecast on Friday.
Unemployment in Germany fell again in November, official data showed Tuesday, but by less than expected as the strong recovery in Europe's biggest economy slowed.
Germany’s economic rebound is broadening, Economy Minister Rainer Brüderle said on Tuesday, as he announced that growth had slowed but was still solid.
Success breeds resentment – so it's little wonder other countries including the United States are jealous of Germany's booming economy. But even Germans don't seem to like it when things are going well, says Malte Lehming from Der Tagesspiegel.
Germany's economic expansion has slowed slightly in the third quarter, official data released on Friday showed, as Europe's top economy decelerated as expected from record growth.
Chancellor Angela Merkel on Wednesday joined a chorus of German officials criticising the United States’ current economic policies, setting the stage for a contentious G20 summit later this week.
The German export machine shifted back in top gear in September, official data showed on Monday, boosting further the country's hefty trade surplus despite the strong euro.
The number of unemployed has dropped below the key three million level in Germany, Labour Minister Ursula von der Leyen said on Wednesday, helped by a mix of government measures and reforms.
The German auto parts and power tools group Bosch decided Tuesday to raise pay for 85,000 workers two months early to thank them for concessions which have helped turn the company's results around.
German business managers are surfing a wave of confidence, as a key survey released on Friday showed another surprise jump in October to the highest level since May 2007.
Germany is again Europe's growth engine, the country's economy minister declared Thursday, as Berlin more than doubled its forecast for output this year and predicted a steady expansion in 2011.
Unemployment in Germany has already sunk well below the political and psychological milestone of 3 million people out of work – the first time it has done so in 18 years – a leading economic institute said Tuesday.
Workers hungry to share in the spoils of Germany's booming economy through higher wages have been given encouragement from a surprising place: the country's pro-business Economy Minister Rainer Brüderle.
German business confidence posted Friday a surprise rise to levels last seen in mid-2007, suggesting Europe's powerhouse economy will remain resilient and not return to recession.
German investor confidence plunged this month to depths not seen since February 2009 on fears that Europe's biggest economy is facing stiff headwinds, the ZEW research institute said Tuesday.
Wages have risen less in Germany over the past 10 years than anywhere else in the European Union, the national statistics office said Wednesday, a trend irritating France and other neighbouring countries.
German exports rose sharply in July compared to the year before, official data showed Wednesday, providing a further boost to Europe's top economy as it bounces back from last year's crippling recession.
Industrial orders in Germany dropped sharply in July after a strong rise the month before, official data showed Tuesday, dealing a setback to the economic recovery of Europe's powerhouse.
The German government will increase this year's growth forecast to 3 percent, up from the previous 1.4 percent, due a stronger than expected recovery, according to the <i> Neue Osnabrucker Zeitung</i> on Saturday.
Europe's economy outpaced the United States and Japan in the second quarter, EU data showed Thursday, but analysts warned that the German-powered growth would likely lose steam in the second half.
Unemployment in Germany edged slightly lower in August to 3.188 million people, according to official figures released on Tuesday, as the rebounding economy continued to create jobs.
