Latest news with #Statistikamt
Bloomberg
3 days ago
- Business
- Bloomberg
German Inflation Slows Less Than Expected With ECB Set to Cut
German inflation slowed less than expected, highlighting lingering risks as the European Central Bank prepares to lower interest rates again. Consumer prices rose an annual 2.1% in May, more than the 2% that economists predicted in a Bloomberg survey but lower than April's 2.2% advance. Pressures in the services sector abated, while energy costs continued to fall, the statistics office said.
Bloomberg
08-05-2025
- Business
- Bloomberg
German Industrial Production Increased Before US Tariff Barrage
German industrial production rose in March, a period in which looming trade barriers by the US administration probably boosted foreign demand. Output rose 3% from the previous month, more than predicted by any economist in a Bloomberg survey. That was mainly driven by automotive, pharmaceuticals and machinery, the statistics office said in a statement on Thursday. On a less volatile three-month basis, it was 1.4% higher.
Bloomberg
07-05-2025
- Business
- Bloomberg
German Factory Orders Rose Ahead of Trump's Tariff Announcements
German factory orders rose more than predicted in March, signaling improvement in the run-up to the US tariff announcements that have clouded the outlook for Europe's largest economy. Demand increased 3.6% from February, beating the median 1.3% estimate in a Bloomberg survey. Without major orders, the gauge was up 0.5%, the statistics office said Wednesday.
