News | Latest Breaking News Stories & Headlines

Economists expect inflation to reach 2.6% this year, according to a quarterly survey conducted by the Ifo institute

Inflation set to stay above ECB target in medium term

Economists expect inflation rates to stay above the European Central Bank's 2% target in the medium term, according to a survey published by Germany's Ifo institute today, a day before the central bank holds its next monetary policy meeting.

Business • 16 Oct 24

Germany's Ifo institute said its business climate index stood at 88.5 following a reading of 91.5 in May

German business sentiment falls further in June

German business morale worsened for the second consecutive month in June, a survey showed today, indicating that Europe's largest economy faces an uphill battle to shake off recession.

Business • 26 Jun 23

The German economy is expected to grow by 1.8% in 2022 compared to a previous forecast of 1.6%, Ifo said today

German recession will be milder than expected - Ifo

Germany's recession will be milder than expected, with the economy expected to contract by 0.1% in 2023 compared to a previous forecast of shrinking by 0.3%, the Ifo economic institute said today.

Business • 14 Dec 22

Germany's Ifo institute's monthly barometer rose to 90.5 points, up from 86.3 in June

German business morale improves again

German business confidence rose for the third month in a row in July, a key survey showed today, as Europe's top economy bounced back from coronavirus lockdowns.

Business • 27 Jul 20

German businesses expected operations to return to normal in nine months after severe lockdowns in the second quarter, Ifo has said

German economy likely to shrink 6.6% due to Covid-19

The German economy is likely to shrink by 6.6% this year as a consequence of the coronavirus crisis before growing by 10.2% in 2021, the Ifo Institute said today in its latest update.

Business • 28 May 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

There is a relatively strong correlation between German economic growth and that of the euro zone

German business morale remains buoyant in February

German business morale was surprisingly buoyant this month, supporting expectations of a robust start to 2017 in Germany and the euro zone despite worries about US trade policies, Brexit and the French election.

Business • 22 Feb 17