Fiscal Balance in Germany
Germany - Fiscal BalanceAccording 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 - Fiscal Balance Data
|Fiscal Balance (% of GDP)||-0.1||0.5||0.8||1.0||1.3|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||0.13||0.41 %||Feb 21|
|Exchange Rate||1.13||0.65 %||Feb 21|
|Stock Market||11,423||-0.41 %||Feb 21|
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 22, 2019
Sentiment among German businesses became more pessimistic in February with the sixth consecutive drop in the Ifo business climate index.
February 21, 2019
In January consumer prices fell 0.8% over the previous month largely on the back of seasonal effects; for instance, prices for package holidays dropped significantly, while discounts on winter goods led to cheaper footwear and shoe accessories.
Germany: Manufacturing output contracts for the first time in over six years; service sector activity accelerates
February 21, 2019
Providing ground for optimism, February’s composite Purchasing Managers’ Index (PMI) edged up for the second consecutive month, indicating stronger growth in business activity in Germany’s private sector.
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.