Exchange Rate in Germany
Germany - Exchange Rate (average of period)According 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 (aop) Data
|Exchange Rate (vs USD, aop)||1.33||1.33||1.11||1.11||1.13|
5 years of economic forecasts for more than 30 economic indicators.
Germany Exchange Rate (aop) Chart
Source: Thomson Reuters.
|Bond Yield||0.13||0.41 %||Jan 30|
|Exchange Rate||1.14||0.65 %||Jan 30|
|Stock Market||11,182||-0.41 %||Jan 30|
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April 11, 2019
Harmonized consumer prices rose 0.5% month-on-month in March, matching the price increase in February.
April 8, 2019
The seasonally- and calendar-adjusted trade surplus rose from EUR 18.6 in January to EUR 18.7 in February, driven by a stronger fall in imports than exports.
Germany: Industrial production rebounds in February, but manufacturing sector continues to remain limp
April 5, 2019
Germany’s industrial sector rebounded in February with output growing 0.7% month-on-month, contrasting the revised flat reading in January (previously reported: -0.8% month-on-month).
March 26, 2019
Sentiment among German consumers is expected to ease in April according to the GfK Group Consumer Climate Index, which edged down to 11.4 from a revised 11.7 in March (previously reported: 11.8).
Germany: Business confidence improved for the first time in seven months, but remained in pessimistic territory
March 25, 2019
After free-falling since September last year, business sentiment showed signs of recovering: The Ifo business climate index increased to 99.6 in March from 98.7 in February, which had marked the lowest reading in nearly two years.