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The German economy saw a first-quarter contraction of 2.2%

Consumption, exports slump push Germany into recession

A slump in capital investments, private consumption and exports pushed the German economy into a recession in the first quarter, detailed data showed today, giving a glimpse of the damage caused by the coronavirus pandemic.

Business • 25 May 20

German output shrank by 2.2% in the first quarter of 2020, new figures show today

Virus causes German economy to shrink 2.2% in Q1

The German economy plunged into a recession after suffering its steepest quarterly contraction since the 2009 financial crisis as shops and factories were shut down in the middle of March to fight the spread of the coronavirus, preliminary data shows.

Business • 15 May 20

Some 43% of German firms have faced cancelled orders and more than a third have had to slash investment due to Covid-19

Covid-19 crisis hitting demand at 60% of German firms

Some 60% of German companies are suffering from reduced demand and 80% of firms in Europe's largest economy expect revenues to fall this year as the coronavirus outbreak wreaks havoc.

Business • 08 May 20

The Ifo institue said Europe's largest economy shrank by 1.9% in the first three months of 2020

German economy to contract by 6.6% in 2020 due to virus

Germany's economic institute Ifo said today it expects the economy to contract by 6.6% this year due to the coronavirus and that national output will not return to pre-pandemic levels until the end of 2021.

Business • 28 Apr 20

The Ifo institute said its April survey showed that its business climate index slumped to 74.3 from a downwardly revised 85.9 in March

German business morale plummets to record low

German business morale crashed in April in its most dramatic fall on record and hit its lowest reading since reunification as the coronavirus crisis takes a heavy toll on Europe's largest economy.

Business • 24 Apr 20

The GfK consumer sentiment indicator dropped to -23.4 points in May from a revised 2.3 in the previous month

Coronavirus pushes German consumer moral to record low

German consumer moral reached a record low heading into May as the coronavirus pandemic and measures to contain the outbreak slammed the mood among shoppers, a survey showed today.

Business • 23 Apr 20

The ZEW research institute said its monthly survey showed economic sentiment among investors rose to 28.2 from -49.5 in March

German investors see light at end of 'very long tunnel'

The mood among German investors improved in April as concerns about the impact of the coronavirus pandemic on Europe's largest economy seemed to have eased, a survey showed today.

Business • 21 Apr 20

Even if Covid-19 social distancing measures were eased, economic activity in Germany would continue to be very subdued

German recession to continue until middle of 2020

Europe's economic powerhouse Germany plunged into recession in March, with the slump sparked by the coronavirus pandemic likely to last until the middle of the year, the economy ministry said today.

Business • 15 Apr 20

The German economy is set to shrink by a whopping 9.8% in the second quarter as companies feel the pain from widespread shutdowns

German economy to shrink by nearly 10% in Q2 - experts

The German economy, Europe's biggest, is expected to shrink by nearly 10% in the second quarter as the coronavirus paralyses the country, six leading research institutes warned today.

Business • 08 Apr 20

Ifo said its production expectations index dropped to -20.8 points in March from 2

Germany's Ifo index posts biggest fall since 1991

German industry output rose by 0.3% in February, beating expectations, new figures show today.

Business • 07 Apr 20

German schools, shops, restaurants and sports facilities have closed and many firms have stopped production to help slow the spread of Covid-19

German economy could shrink by 5.4% due to Covid-19

The coronavirus outbreak will push Germany into recession in the first half of this year and could result in output in Europe's largest economy contracting by up to 5.4% this year, Germany's council of economic advisers said today.

Business • 30 Mar 20

Germany's Ifo said it was difficult to predict the future development of the economy

German manufacturing expectations record fastest plunge

German manufacturers have recorded the most precipitous drop in business expectations in the 70-year history of industrial surveys, preliminary figures showed today.

Business • 19 Mar 20

German manufacturers are lingering in a recession prompted by a reduction in exports

German investor morale worsens on coronavirus fears

The mood among German investors deteriorated far more than expected in February on worries that China's coronavirus outbreak would dampen world trade and deepen a manufacturing recession in Germany.

Business • 18 Feb 20

The German economy stagnated in the last three months of 2019

German economy stagnates in Q4 on weaker consumption

The German economy stagnated in the fourth quarter as both private consumption and state spending lost momentum, preliminary data showed today, renewing fears of a recession.

Business • 14 Feb 20

German GDP growth slows to 0.6% in 2019

The German economy grew by 0.6% in 2019, the weakest expansion rate since 2013 and a marked cooling from the previous year, a preliminary estimate from the Federal Statistics Office showed today.

Business • 15 Jan 20

Germany's Ifo institute' business climate index rose to 96.3 in December from an upwardly revised 95.1 in November

Strong German business morale signals modest Q4 growth

German business morale rose more than expected in December to hit a six-month high in a survey released today.

Business • 18 Dec 19

Germany's Bundesbank has cut its GDP growth prediction for next year to 0.6%

Germany faces sluggish growth as consumers feel pinch

The German economy faces another sluggish year despite a likely rebound in exports as households see their spending power shrink, the country's central bank said today as it halved its growth forecast for 2020.

Business • 13 Dec 19

GDP in Europe's largest economy expanded by 0.5% in the three months from July to September

German economy dodges recession with 0.1% Q3 expansion

The German economy escaped a recession in the third quarter as strong consumer spending helped output grow 0.1% quarter-on-quarter, defying expectations of a contraction, preliminary data showed today.

Business • 14 Nov 19

German industrial output dropped by 0.6% in September, new figures show

German industrial output drop adds to recession fears

German industrial output fell more than expected in September, data showed today, pointing to ongoing weakness in the sector and indicating that Europe's largest economy will slip into recession in the third quarter.

Business • 07 Nov 19

Germany's Federal Statistics Office said seasonally adjusted exports fell 1.8% in August while imports rose 0.5%

German export slump in August amplifies recession alarm

German exports fell by more than expected in August, data showed today, reinforcing expectations that a manufacturing slump is pushing Europe's largest economy into recession.

Business • 10 Oct 19

German industrial output rose 0.3% on the month, new figures show today

Surprise output rise means Germany may skirt recession

German industrial output rose unexpectedly in August but analysts said the small pickup did not signal the end of a long manufacturing contraction that risks tipping Europe's biggest economy into recession

Business • 08 Oct 19

Contracts for 'Made in Germany' goods fell 0.6% from the previous month, new figures show today

German recession looms as industrial orders drop again

German industrial orders fell more than expected in August on weaker domestic demand, new data showed today.

Business • 07 Oct 19

Germany's leading economic institutes expect the economy to grow by 0.5% this year, sources say

German economic institutes cut 2019 growth forecast

Germany's leading economic institutes have revised down their growth forecast for Europe's biggest economy for this year, two sources with knowledge of their decision told Reuters today.

Business • 30 Sep 19

The Ifo institute's headline business climate gauge climbed 0.3 points compared with August, to 94.6 points

German business confidence inches up in September

Confidence among German business leaders nudged slightly higher in September, a survey showed today, but expectations for the coming months darkened further.

Business • 24 Sep 19

The ZEW institute has warned that the outlook for Europe's largest economy remained negative due to trade disputes and Brexit uncertainty

German economic outlook still negative - ZEW

The mood among German investors improved more than expected in September, a new survey showed today.

Business • 17 Sep 19

German Economy