Exchange Rate in Germany
Germany - Exchange RateAccording to a preliminary estimate, the German economy expanded at a resilient, albeit markedly softer, pace in 2018 despite a weak second half of the year. Although national accounts data for the final quarter has yet to be released, the initial estimate for the full year showed that the economy should have rebounded slightly. However, growth is likely to have been underwhelming, partly due to ongoing struggles in the automotive sector. Industrial output contracted in both October and November, with a broad-based deterioration in the latter. New car registrations continued to contract in the quarter, highlighting issues in the important car industry. Additionally, exports fell for the sixth time in 2018 in November; the trade surplus nevertheless widened as imports dropped at an even steeper pace. Looking at the first quarter of the new year, business confidence turned pessimistic in January on a gloomier short-term outlook.
Germany - Exchange Rate Data
|Exchange Rate (vs USD)||1.38||1.21||1.09||1.05||1.20|
5 years of economic forecasts for more than 30 economic indicators.
Germany Exchange Rate Chart
Source: Thomson Reuters.
|Bond Yield||0.11||0.41 %||Feb 14|
|Exchange Rate||1.13||0.65 %||Feb 14|
|Stock Market||11,090||-0.41 %||Feb 14|
Get a sample report showing our regional, country and commodities data and analysis.
Start Your Free Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
February 14, 2019
Europe’s biggest economy narrowly avoided a technical recession in the fourth quarter with flat growth recorded over the previous quarter in price-, seasonally- and calendar-adjusted terms.
February 8, 2019
Data for the external sector provided some good news in the wake of disappointing industrial data.
February 7, 2019
Industrial output contracted 0.4% over the previous month in December.
January 30, 2019
Consumer confidence opened the year on a stronger note than previously estimated, with the GfK Group Consumer Climate index revised upwards from 11.4 to 11.5 in January.
January 25, 2019
The fourth consecutive decline in business confidence saw sentiment drop to 99.1 in January—the lowest reading in nearly three years—from 111.0 in December.