Inflation in Germany in December was 1.5 percent on an annual basis. The German Federal Statistical Office reported this on the basis of a definitive figure.
A month earlier, consumer prices went up by 1.1 percent. German consumer prices rose by 0.5 percent on a monthly basis. On the basis of the European harmonized measurement method, German inflation amounted to 1.5 percent.
The stock exchanges in New York went out of business on Friday with a mixed picture. The growing tensions between the United States and China have clearly impacted on the tech sector, as American president Donald Trump also targets the Chinese ten cents. Investors also responded to the political stalemate in Washington surrounding a comprehensive support package against the coronacrisis. The...
German industrial production and exports continued to increase in June compared to the previous month. This is how the recovery started earlier continues. Previously there was an unprecedented contraction, as a result of coronam measures leading to factory closures and a significant decline in World Trade. In June, according to new figures from the German statistical office, industrial production...
Economic activity in German industry increased in July. That is clear from definitive figures from the British market researcher Markit. At a provisional figure, there was no shrinkage, but there was no growth to report. The Purchasing Manager Index for the German industry reached a stand of 51. A figure above 50 indicates an increase in activity, below which there is a decrease. At the...
In the second quarter, the Spanish economy was hit hard by the coronacrisis and the severe lock-down measures against the virus outbreak. According to preliminary figures from the Spanish Statistical Office, the economy shrank by 18.5 percent compared to the first quarter. The contraction was more pronounced than expected, because economists had predicted a decline of 16.6 per cent on average. In...