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German Consumer Confidence Steady In May
German consumer confidence remained stable for the fourth month in a row May and GfK AG’s forward looking sentiment index for June, based on a survey of about 2,000 people, was unchanged at 2.5."The...
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German Unemployment Little Changed In May
German unemployment remained largely unchanged in May after a slump in exports and investment sent the economy off into its worst quarterly contraction on record in the first three month of this year...
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Seeing is Believing, But Stabilising is NOT Recovering
This is one of the key points I have been hammering here on this blog for some weeks now. There is clear evidence of most economies globally "stabilising" at this point, you could even stretch it to...
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Exports And Investment Drag German GDP Down In First Quarter
German exports and investment spending plunged in the first quarter, dragging Europe’s largest economy into its deepest economic slump on record.Exports were down 9.7 percent from the fourth quarter...
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German Retail Sales Up Slightly In April
German retail sales were up in April for the first time in four months as warmer weather and the late Easter seem to have encouraged consumers to spend more. Sales, adjusted for inflation and seasonal...
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Green Shoots In Germany and Estonia?
Well, I am busying myself this morning scratching around looking for green shoots in Turkey. But even as I was digging for these I couldn't help notice this coming in over the radar from Germany,...
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Everything In Germany Is Going Up....
Everything in Germany is going up, except it seems the real economy - and except of course prices, which were stationary in May (that is a change of 0% year on year - the lowest inflation rate for over...
View ArticleFacebook Links
Quietly clicking my way through Bloomberg last Sunday afternoon, I came across this:Facebook Members Register Names at 550 a SecondFacebook Inc., the world’s largest social-networking site, said...
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German Business Confidence Up (Slightly)
German business confidence rose for the third month in a row in June. The Ifo institute in Munich reported that its business climate index, based on a survey of 7,000 executives, increased to 85.9 from...
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Consumer Sentiment Also Stable In June
GfK AG’s forward looking German consumer sentiment index for July increased to 2.9 from a revised 2.6 in June. But sentiment is still on a very low level, and in general the story is the same as the...
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Europe's Economies Move Sideways In June
The eurozone economies moved sideways in June, with the flash reading on the composite purchasing managers index (which covers both industry and services) for the 16 nation euro area rising to 44.4,...
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Germany's Economy Returns To (Timid) Growth In Q2
The German economy, Europe’s largest, unexpectedly returned to growth in the second quarter, technically bringing an end to its worst recession since World War II. The euro climbed 0.2 percent to...
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Is Germany's Economy Really Powering Ahead?
Well, euphoria in Germany is certainly on the rebound, with a sudden surge in the ZEW investor confidence index and newspaper articles all over the place predicting the imminent renaissance of European...
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What Is The Real Level Of Unemployment In Germany And Japan?
With Japan having general elections today and Germany facing them next month, I though now might be as good a time as any to have a look at a topic which could turn out to be very important in the...
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Germany - The Bitter-Sweet Tears Of Angela von Merkel
German voters gave Chancellor Angela Merkel the green light for a second term on Sunday, along with a clear mandate to form a new government with the liberal Free Democrat Party (FDP). But just what...
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The French Rebound Continues In October While Germany Moves Sideways
Whoever would have thought that some people once called economics the most dismal of sciences? Certainly, as the current crisis goes on and on, those of us who consider ourselves to be economists...
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Is There A Double Dip Risk In Germany?
This is not an idle question. Despite all those bullish headlines in the press, most informed observers - including Bundesbank head Axel Weber - are only to well aware of just how fragile the German...
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Global Manufacturing Loses Momentum In November
Operating conditions in global manufacturing industry improved for the fifth successive month in November, although there was an evident slowdown in the overall rate of expansion, with differences...
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German GDP "Probably" Stagnated In The Fourth Quarter of 2009
Whoever said economists are people who don't ever get anything right?"Economic growth in Germany probably stagnated in the fourth quarter from the previous three months, the Federal Statistics office...
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The German Economy Is Essentially "Intact"
According to Bundesbank President Axel Weber, Germany’s economic recovery is “essentially intact”, and is now set to benefit from stronger demand in countries outside the euro region.“I firmly believe...
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