A raft of fresh economic data from Germany is showing that businesses are doing better than expected, benefitting from higher demand at home and abroad, and setting the economy on track for further expansion.In a press release on Tuesday, the Munich-based Ifo institute described German business leaders’ sentiments as “champagne mood,” which had caused the …
Latest in Tag: German economy Highlight
Latest in Tag: German economy
Christmas is on its way – at least for consumer electronics. At the IFA trade fair in Berlin, the industry gets ready for the year’s best sales season while consumers gain a glimpse of the latest technology.
The German economy has logged another quarter of expansion, the National Statistics Office has confirmed.
While losing some of its previous momentum, the German economy is still in a robust state, logging higher-than-expected growth in the second quarter. Exports and private consumption were behind the expansion.
The German economy will keep growing in the third quarter, defying worries over the effect Britain’s vote to leave the European Union could have on the bloc, according to a report from Germany’s central bank.